I'm looking into the available options for a wholesaler, and an out-of-state investor I've been talking to mentioned Series LLC.From my understanding, rather than establishing a new LLC for each property and then sell...
Hi, I'm new to RE investing. I'm leaning towards starting as a wholesaler (an ethical wholesaler!), but I eventually want to end up with buy & hold properties because I do love cash flow.I'm currently taking cours...
I had an experienced insurance agent say I could put all properties under a single BPO that are across states (some owned by LLCs and some not). Has anyone done this or familiar? I originally requested 1 policy per "...
Hello fellow investors. I am new to real estate and I had a question about buying a duplex. My current income range is low to moderate. There's a 90% chance that I can get qualify for FHA loan. Do you'll think it woul...
I’m currently working in Ohio for the next 4-12 months. I’m from NC, and plan on moving back. I have 3 rentals, one in NC and two in IL.
I plan on purchasing more rentals in both IL and NC, and possibly even OH. Doe...
Hi,
I have done some longer live-in flips and was the buying agent on the current one.
I am now going to be flipping (not live-in) as my main source of revenue and trying to figure out where to hang my license. As ...
Utilities in my investment market are a giant pain. I call for revert-to-owner, they mess it up, the tenant turns off utilities and then it doesn't revert. Do management companies typically handle the utility companie...
Here’s my scenario:Parents have passed away and left 2 sons their primary residence (which was in a family trust). Prop 19 requires one of the sons to make the home their primary residence within a year and file exemp...
Hi Everyone,For QuickBooks setup, should I setup a separate company for my rental and flipping business? Both are currently operated within one LLC/Tax ID.
Hello all. I am new to investing. I would like to get others thoughts on lining up finances to purchase a home with no $ or very little. As I start looking for deals, my thought would be to line up my finance so I ...