Priyanshu Adathakkar
Year end thought: Don't over-improve rental property.
Don't over-improve rental property. To keep your cash flow at optimal levels, don't spend too much on upgrades for a rental property that will likely need maintenance and repairs during turnovers anyway.
Bill Dickson
Why is a LLC is important for your business?
Where do you go in your county to apply for a LLC.?A LLC has so many tax advantages for your business. So why doesn't everyone? Even as a wholesaler you need advantages.
James Pegues
Rental income consideration for traditional finance
I still have a few things to square up before I start looking for properties but recently learned that traditional lenders will only consider rental income after 2 years of being a land lord. I was at a real estate me...
Lindley Garcia
Just got my 1st rental property - should I set up an LLC?
I just closed escrow for our first short term vacation rental property. Should I set up an LLC or do I just operate as a Sole Proprietorships? Need your expert advise please. Thank you.
Sean Coppom
AIA contracts and Initial Deceision Maker/Dispute Resolution
Hi all,Looking to get some feedback on who to use as an Initial Decision Maker (on an AIA contract) for dispute resolution for a construction project in Denver, CO. For various reasons we don't want to use the archit...
Mike Schorah
Do I need hard money loan or cash to do the “buy” stage of BRRRR?
Are there any type of rehab loans or rehab/mortgage loans that I could take out if I have a 20-40% down payment?HMLs seem to want experience and I don’t have enough to buy 100% cash.
Alexis Herrera
LLC for rental properties
Hello all, I have yet to speak to an accountant (looking a new one) or a lawyer (had one and was not reliable) about this but I wanted to ask. I have a few rental properties that I own. I have LLC's for each one, but ...
Kiko Mattoso
Profit to pay new mortgage
Hi everyone. I own one Airbnb. I want to buy the second, but I am afraid it’s going to be hard to pay for two mortgages, with only my 9-5 job. Should I use the profit of my airbnb to help pay the monthly installment...
Kenny Isberner
Transferred Rental to an LLC and now the bank is giving me issues
I recently transferred a college rental property into an LLC. I also transferred the insurance policy to the LLC instead of my name. So the insurance company forwarded that information to the bank which my mortgage is...
Jimmy Miguel
First Time Landlord ... Should I get an LLC?
Hi BP Family! My partner and I have done three flips int he past, but this is our first buy & hold. Would love to get some advice regarding LLC's.
My Partner and I recently bought a property in South Plainfield,...