anyone have an accountant recommendation in the st. louis, mo area?

Hi guys,I ran out of conventional loan slots. But, I have formed a partnership with someone who still has 9 left (he owns his personal residence). How do we buy property with his loan and my money? I know that some pe...

I'M UNDER CONTRACT!!!! I can't believe I'm actually here and things are finally moving. I started learning and saving 4 months ago and I'm excited to get to the next steps.
I wanted to go ahead an setup a business ch...

Morning BP,I’m excited to say that I am approaching my first closing for a multi family property in Rhode Island.Its been a long road with lots of ‘cleaning my truck’ exercises along the way but here I am. Pretty exci...

So I was listening to a podcast yesterday and I heard someone mention that when you borrow for loans in excess of 4 mortgages, lenders require 6 months cash reserves for the sum of all mortgage payments.  They went on...

I have been researching wholesaling as an investment option. I stumbled upon Deal Machine as a tool to aid in the process. This appeared to be everything I was missing. I signed up for the 7 day trial. I created lists...

Just received an email from Wells Fargo that they are changing their policy on cash deposits and will only allow the account owner or an authorized signor make a deposit into a Wells Fargo account.  This may pose issu...

Do you really need an LLC for your rental property?  Lawyers seem to be the most anxious to get me to do it.

Purchase Price - $350,000Rent - $3,000Insurance - $1,700Year built - 2008Interest Rate 4.75%25% downSelf-ManagedTaxes $7,000Cash on Cash - 10.8%Total ROI - 15.26%

Investment Info:

Single-family residence buy & hold investment in Memphis.

Purchased home from a turnkey company. Purchased for $195K and was appraised for $225K one month after purchase. Currently rente...