Leland Woodworth
Pros and Cons of a LLC
I am brand new to investing and was thinking about getting a LLC. What are the pros and cons? Should I even consider one if I don't have any properties yet?
Scott Schlueter
Is this a good investment?
I'm considering a 4 unit property. It is 2 duplexes with attached garages. The property is in great condition in a desirable area. Purchase price is 300K. Gross income should be around 36k per year. Taxes are 9k and i...
Jeremy Clemons
LLC Question
Live in CA but have an vacation rental in Florida and in Alabama. Thinking about a Wyoming LLC for asset protection. Would I just need the Wyoming LLC and to register the LLC in each of the two states I own the prop...
Bao Chau Tran
Buying second vacation home/rental in Tampa Florida
Hi,We lived in Washington now and are looking to gradually move to Tampa Florida.We are trying to obtain our second rental home with the intention of living there in a few years when we moved there. So I have talked t...
Michael Anspach
Multifamily Syndication Sale and Winding Down
Hi Guys, in process of selling first syndicated multifamily property. While there is a ton of information about buying and managing, looking for some recommendations on the winding down process of a multifamily syndi...
Ashley Cao
Fire at Duplex - What next ?
Hello!Unfortunately there was a fire on one side of my duplex which have displaced one of my tenants. Everyone is safe fortunately.The other side of the duplex did not have any damage aside from smoke entering their p...
Jonathan DiMuccio
House Hack Plan Feedback (Brooklyn Ny)
Hi All,
I have been reading on here for a bit now and have been saving up, and wanted to share my plan for house hacking in NYC and get some feedback.
High level:
- Looking to spend 200k upfront
- 300k combined gr...
Nichiren Dinzeo
Fix Pool or Demolish?
I have a class A home in Tucson Arizona that I am turning into a rental. The pool needs 7K worth of repair and 14K to demo. Is it worth it to just demo it and not have the risks or should I just fix up the pool? I p...
Jesse Szakacs
Should I get an LLC to buy my first out-of-state property?
Hello all, my name is Jesse. I am a university student based off San Diego and wanted to begin my real estate investment journey out-of-state for obvious reasons. Would you guy’s suggest getting an LLC to buy my first...
Peter G.
What's a "Good" Number To Set Aside After Purchasing a Rental?
Hey everyone! Thank you so much for checking out this post. Just you clicking means a lot as I know there is only so much time in a day and every ones time is valuable, so again I really appreciate it!A little backgro...