Jay Kenny
Unusual LLC tax question
If I own an LLC that sells engineering consulting services for, say, $20,000 in a year, can I use that $20,000 to make a downpayment on an investment property, and then tell the IRS the LLC had $0 profit?
Tina Rubin
Letting tenant out of lease + adding turnover fee
We have a tenant (RI) who has rented out a room in a shared apartment that would like out of their lease early. We are ok to allow this but want to charge a turnover fee which would equate to the same amount as the se...
Carolyn Ki
DTI: car, HOA, IRS payments
I'm trying to figure out my DTI but haven't been able to verify if the following items are counted as debt or not. Can anyone clarify?
1) Car payment: paid by my SCorp
2) HOA payment: this is an HOA payment for a r...
Jorge Raygoza
Looking For A Investment Property In Los Angeles, CA
I have been approved for $425k. Can't seem to find anything at that price for a multi-family nor for a single family. However, I'm able to afford a condo.... Opinions?
Chris Duffy
BRRRR with cash only or hard money?
Hi everyone,
Most of what I've read/heard about the BRRRR strategy is the purchase should really be done with cash in order to increase the velocity of the money by reclaiming the capital/making yourself more compet...
Bailey Kramer
What are you doing to attract guests for 30+ days?
Currently I Co-Host a couple mid-term rentals and always looking for ways to increase bookings. How are you targeting people for 30+ stays for your property? Currently I am using Airbnb, VRBO, furnished finder, and Fa...
Alexandra Scardo
Logistics of using private money as part of the cash to close
Next week I have a tentative closing date on my first flip! I have a hard money lender and I’m using private funds from family as the cash to close. How do I actually move that money around? Should I have my private l...
Vincent Badalamenti
Capable Student Seeks to Trade Time & Labor For Wisdom
Are you a real estate investor who’s passionate about what they do? Do you find yourself constantly thinking and talking about the topic of REI, and wishing you could find some eager, competent, young mind on which to...
Steve Sellars
Success is being able to spend your life in your own way
Hello, I am very excited to get started in REI. My background is as an Entrepreneur in technology as well as growing a financial services agency. I am looking forward to building a business of wholesaling, flipping/re...
Dustin Barr
Working with a realtor
When I first started out my Realtor was working with me and maybe 2 other investors. He now has about 6 that he deals with. Is this a good or bad thing. My concern is the deals he is sending me he is also sending to 6...