Phuong Le
Unique request from GM/team member
I am new to real estate and I am already facing a very interesting situation. Please adviseBackground;I am a father of four wonderful kids. Ages 9,7, 5 and 2. Last year, my wife and I decided to sit down with our fina...
Mark Updegraff
Questions on Purchasing an existing LLC that hold RE
If you purchase an existing LLC that holds real property do you avoid transfer tax?
Do you keep the existing basis?
If anyone has done this an can elaborate on The pros / cons I would appreciate it. I'm going to co...
Tia Power
Purchasing my first investment property with his terms
Hi Everyone,
I need your help. I am planning on a 2 family with a FHA loan. I plan to live in one of the units. I have the 3.5% of the purchase price. I was informed by my mortgage consultant that I would need to ha...
Andrew Hofing
Please Help! I would like some feedback on my work in progress Business Plan
New Horizons REG Business PlanMisson Statement: New Horizon Real Estate Group will be established to form a profitable and sustainable business model in Real Estate Investing. New Horizons REG will have 3 areas of ma...
Stephen Mendoza
Assigning a property to an LLC
My business partner and I recently purchased a property in our names. We would like to assign the property to an LLC where we are the only two members. In the bank note, it says if we assign the property without the...
Chris Lucas
LLC on title but personal mortgage?
Hello!I have seen some posts around this topic, but nothing that definitively answers my questions.I just talked with a lender that will provide a loan in my name, even if the title for the property holds the name of ...
Ronald Wilson
mobile home park 1.6mil deal?
Have found a man retiring and selling his mobile home park for 1.6 mil, 39 units 100%paying and occupied grossing 186k with expenses 67500. He's seller financing with 30% dn. If i have this right, that is a13% return,...
Selena Walsh
Marketing STR/vacation rental outside of booking platform?
Anyone had success marketing your vacation rental or short term rental outside of relying on the booking platform (Airbnb/VRBO)? I'm starting to experiment with FB ads, Instagram and pinterest. Also was thinking abo...
Nathan Hill
Vermont Investors - Where are Investors Buying?
Hi All,I just wanted to introduce myself, find out where folks are buying properties, and tell you about a deal I have in the works in Addison Vermont. I am mainly focused on building some capital through wholesaling...
David Howarth
Deductions greater than Income
If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?