Victor Robinson
Best use of Self Directed IRA
So my standard rei strategy is buy and hold rentals. That works for me a my goals for a number of reasons. One reason is that it fits well with my also having a full-time W2 career.
In my W2 world, I am in the pro...
Anja Brey
Note investing vs Turnkeys?
Hi BP, What are the advantages/disadvantages of buying a note versus buying a turnkey (or vice versa) in terms of cash on cash return, depreciation, deductions etc.? How much depreciation do I get from 1 property/year...
Paul Ellerbusch
LLCs: is an operating company enough?
I am a new real estate investor and I am closing on my first duplex in Milwaukee, WI this month. I took out a conventional mortgage (30yr/3.125%) and the property is will be held in my own name. I am trying to incorp...
Shannon McKenna
Where to Focus First: the Deal Chicken or Funding Egg?
I need a bit of direction. I am a little newbie searching for my first deal, which will also be my first ever real estate purchase... a place I can "house hack" as I build up income for my second deal. I am looking f...
Ariel Semino Garcia
The Adventures of Calculating Actual Cash Flow on a Rental Property
"The Adventures of Calculating Actual Cash Flow on a Rental Property"
Are you ready to become a landlord, but have no idea how to calculate your actual cash flow? Fear not, dear reader, for I am here to guide you on ...
Raphael Abreu
Why house hacking is still amazing in expensive markets!
-You can get in with very little money down with an FHA or 203K loan
-Rents in these markets are for the most part very high
-You can argue that most of these properties don't hit the 1% rule, but with small multi...
Jessica Phillips
Karlton Dennis Short Term Rental Strategy
Hi everyone! I'm looking to buy my first rental property this year or next in Florida and I recently attended a workshop on how to save on taxes using short term rental properties by a tax strategist named Karlton Den...
Michael Plaks
Sch C reporting of installment sales for residential lot dealers
I usually answer, but now is my turn to ask.Dealers of residential lots are allowed to use installment sale method. If said dealer operates as an S-corp or partnership - reporting is fairly straightforward. But what i...
Account Closed
DTI after lease agreement from an LLC?
If I have a property that my spouse owns ( I am not on the deed), am I able to lease that property under an LLC that is owned by my holding company? LLC would conduct STR out of the property. For qualifying for future...
Nguyen Nguyen
Help with refinancing for a BRRR
Hi folks,I am in contract for a home to do my first BRRR. I am paying all cash since we weren't able to qualify for a conventional loan. DTI is too high since I have 2 mortgages right now. My income is decent.So my co...