Carson M.
Structuring Private Money Loans for Rentals
Hello all,
I currently have sufficient income through my small business, good savings, but lack of taxable income and credit due to being self employed (taking deductions) and being 19 (lack of credit history...
David Moore
Using YNAB to run a rental business?
Is anyone using the software YNAB (You Need a Budget) to operate their rental business? We currently use Quickbooks, but it lacks the budgeting portion that I am finding more and more critical to mapping out our cashf...
Susan O.
Going from Sole-Proprietor/Landlord to S-corp for self managing
I'm currently reorganizing and restructuring my rentals from being a sole-proprietor landlord to having an S-corp for managing properties.I just set up S-corp for managin the properties January 2017. It's $800 per ye...
Jesse Conners
I have no cash!
I decided to enter the REI world when I learned about wholesaling. It intrigued me because I could actually afford to take action immediately. I am currently marketing for and talking to motivated sellers but have not...
Phoenix Ocionna
voluntarily paying more tax(!) for a cashout refi, cannot get guidance
Have the following : a primary res in NYC valued at 800k,2 investment 3 fams in New Haven, CT each valued at 150k cashflowing 15k each per year, and an investment condo in Baltimore, MD valued at 100k cashflowing 10...
Marc C.
Making an offer when you don't have the numbers: How to proceed?
What would YOU do?My partners have been sending out letters to owners of multifamily buildings we’d like to own. Response, as you can imagine, has been light, but we have heard from at least two owners who have intere...
Marcus H.
Set up Quickbooks for real estate investing/rentals
I'm a new real estate investor, interest in purchasing multi-family properties and renting them for the long-term. I have Quickbooks Pro 2016 (desktop version) and I'm looking for advice on setting it up for my busine...
Justin Girod
Another 50% ratio/cashflow question
Hi everyone, I just discovered this site a few days ago and have been doing a lot of reading and have learned a LOT. My question is regarding the 50% rule - my understanding is that it is a fairly conservative ratio o...
James Piercy
$800k Multifamily - Top cashflow? Best area?
Hello Everyone,I am working with my parents to 1031 a property that should go for around 800k with an 300k outstanding loan. This will leave me with around 500k in equity on a new 800k+ investment. Is it realistic t...
Oleg Enik
Income Capitalization Analysis
Hello everyone!I have been studying a lot of real estate financial modeling and analysis, specifically for commercial real estate and I understand all the concepts, terms, and calculations very well.But I am strugglin...