Michael Newman
No Credit No Money, How Do I Start
Hello everybody, the title is self-explanatory. I would like to hear from investors who have started their investing journey with an apartment in the same situation as I’m in. What did you do and what do you recommend?
Emzie Blankenship
Starting an LLC with a Friend to Invest Into Rentals?
Come tax returns I should have around $5-7k, I have a friend who has been saving as well. We've talked on multiple occasions about rental properties. The idea of the LLC would be so we have equal ownership of the LLCs...
Dennis M.
After giving1099do i have to file return even no income for 2017?
My LLC was form and office in the US who own all the properties. The LLC already have an EIN. Properties acquired last year 2017 and are still under repair and no income for last year. Do i still need to file a return...
Neil Whitney
my new Fourplex LLC?
Hey everyone,My offer on a four plex was accepted yesterday, so I am super excited about the deal.I spoke to my mortgage broker and let her know that I wanted to do the mortgage in my soon to be created llc. She tells...
Account Closed
How to fund down payments/closing costs
Hi everyone,I’m looking for advice on how fund downpayment/ closing costs for rental properties to maximize the amount of units I can buy per year.Should I save the cash, use personal credit of line, home equity ( I o...
Kaitlyn Askey
Managing Properties for Parents, LLC or No LLC?
My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...
Jane Johanson
VRBO Payment Processing - Help!
My renter checked in on 7/25/22, and, according to my owner dashboard, VRBO owes me $9927. (total rent minus vrbo service fee) On 7/26 I received an email that my tax form wasn't filled out. I filled it out and s...
Bill Briscoe
Buying a Foreclosure on credit cards?
I saw an article on it here: https://www.biggerpockets.com/renewsblog/2013/03/16/real-estate-credit-card/#comment-230238and one guy in the comments said he would purchase entire homes via credit cards.So financing the...
Marco Magoni
Foreigners in the US Real Estate
Hello everybody. I am Italian and I have discovered this site thanks to my wonderful relatives in the US. I am curious to know if is it possible for a person who lives outside the US to invest in the real estate busin...
Kosh Vokter
Tenant issues paying rent
The tenants renewed their rental agreement for 11 more months. before they renewed their lease, they guaranteed paying rents wouldn't be a problem. Per the agreement, rents are due 1st of the month, and are considered...