I have 5 homes that I am looking to unload as a packaged deal. It is pretty simple I need to get rid of them, but don't need to give them away. 4,300k a month in rental income coming in. 40-60k of equity that you also...
After years of doing my own remodeling and hiring myself out and recently inheriting about $100,000, I have decided to dive into real estate to put both skills and money to good use. In my initial search I have found...
I am looking at buying a 4plex in the next few months and have been debating what to do.I have read that some people form an LLC and some people don't at all.A friend of mine suggested I need to form one for tax purpo...
Background:
Subject property is in Texas.
We have a lot under contract with some CC&Rs from 1948 that were signed by a group of private land owners. The signatories appear to have owned land that was checker-...
Hi all,I wanted to use cozy for rent collection but one of my tenants uses a debit card to pay. What is the cheapest/best way that I can collect the rent? I need to collect the rent in a few days so a quick response w...
My husband and I are in the process of closing on our first property in NY, and its a pure rental/investment property with existing tenants (3 unit multifamily).
We are purchasing under our own names, don't plan to ...
I'm looking to take a poll on your work/office space. Let me give you a quick background on my thoughts, desires and needs and then ask about your set-up:
I'm planning on setting up an LLC and working my way from bi...
Hey yall can any one explain to me the taxation for LLCs. First, do folks use their home owners insurance as an alternative to LLCs? Which type of LLC entity is best for investors owning several rental properties. I k...
I haven't bought anything from realpro.com yet.
I did realize the proformas they put together aren't worth the paper it is written on.I am looking into multifamily and the rents are not honest it's just a projection...
Hello BP family! I am relatively new to real-estate investing but definitely have some ideas as to what type of property I want to be purchasing. Just a bit of a background story about real estate journey: I purchased...