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I have 3 rental properties (1) single family (1) tri-plex (1) 6 unit. They are all currently owned by 1 llc. I would like to place each individual property in a land trust owned by an llc which is owned by a holding c...
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Hello BP. I have spent a lot of time searching the forums for info on this topic and not come up with much specific information. Any help, info, advice, or stories of your own experience are GREATLY appreciated!!!My f...
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When starting out Wholesaling is it best to begin with finding motivated buyers or motivated sellers? I know the two go hand and hand but i am stuck with what needs to be done first and kind of scared to proceed. He...
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I'm new to REI and am wondering what's the best option for obtaining financing. I have a couple partners and we were thinking of talking with local banks in hopes of building a working relationship over the years wit...
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How it started: :D
How it's going: :/
Moved to Kansas from the sunny skies of California and had no idea about FROZEN PIPES. Turned on the heater because I thought that would help thaw out the pipes, man, ...
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Hello, Our CPA told us today that:
- Based on a selling price of $215,000, I am calculating a gain on the sale of the property of about $127,500. This amount of gain creates approximately $24,500 of additional feder...
First time posting and need some advice on this topic:Currently, my parents (retired) own a house in Phoenix, AZ area that is free and clear that I am estimating worth $300k-$350k. I also own a free and clear home in...
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I'm under contract on my first single family primary residence that I will be renting by the room! The market is at around $550/room per month for the area, but was thinking of charging a premium closer to $700/room. ...
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Greetings, Conundrum here; had a PM for an OOS property for 6 months. In short they were horrible and I lost thousands of dollars because of them, mostly due to a non-paying tenant they never properly dealt with. I te...
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I am currently working on an off market deal for my very first real estate investment property. The property is a 3 unit located at a very good area in a somewhat popular city. The ask price is $550k with annual renta...