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Hello,We recently sold our house and made a net of around 160k...we now have a contract on a new house and I am trying to figure out how I should finance this new house. Is it recommended to put 160k down on the new h...
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A friend of mine has been investing in Real Estate for 7 years and turned me on to the idea a couple months ago. Long term I would like to focus on flipping homes so as to avoid property management and tenants. But I ...
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Hi All,My CPA is advising that I have my LLC be taxed as an SCorp because I'm an active participant in my fix and flips. To clarify, I have a multiple member LLC (me and my husband). In that LLC, I make some private...
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Hey Guys, I was able to receive a tax delinquent list and I'm trying to sort through the information. The accounts have certificates on them with interest rates. Can I do anything with this list? If you have any info ...
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I am considering my first rental/vacation property and would like it to be in Puerto Rico for a few reasons:--1. I loved it when I went. Amazing beaches, food, nature, culture, etc. I enjoy speaking Spanish and salsa ...
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In much of the research I have done I have been struggling to find rental properties that are going to be able to cash flow well in this economy. I am looking at investing for the long term and am okay with getting in...
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Hey guys,
we are BAH (buy-and-hold) property owners that just separated our business account from personal.
To efficiently operate rentals, what business accounts would you recommend to have? Would you recommend:
-a s...
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Hi everyone! First official forum question ... My husband and I are screening a tenant and I need some outside opinions. I've gone back and forth on this one. Married military guy who is stationed in town, but his fam...
I am new to this and doing my homework as I go here. I wanted to ask you professionals a few questions about my current situation. I do like the idea of buy and hold, house hacking and short term rentals. I will ha...
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There are about a dozen homes in foreclosure in an area that has high rental demands.. I am new to all of this and wondering what is legal? or a good way of going about contacting the home owner and seeing if there is...