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I'm in the process of possibly purchasing my 1st investment rental property (non-owner occupied). Someone brought to my attention to create an LLC to protect my asset in the case of a law suit. There is currently a te...
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I have a House Flip Deal that is ready to go to contract. I have been able to collect funds through OPM (friends & family), but I'm still short by $35k (Considering I have needed to come up with $160k). I'm no...
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My wife and I are retired. We make about $30,000 per year. Its very modest. We have $20,000 in the bank and about $50,000 equity in our house if we sold after selling costs and real estate commissions.I had an idea th...
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Good morning.
I am having continued issues with my property manager. I've only been with them for a year, but in that year I continue to have numerous issues from repairs, to rent deposits.
I listen to a number of...
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I own several investment units in midtown NYC. They have been a great investment over 10 to 15 years, but at current market, the yield is around 2%.I'm considering selling one to buy multi family in the NYC area at ar...
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I am currently under contract on my first rental house and the ROI on this will be roughly 25% so I am excited to say the least. The only problem I'm facing is my lender will not allow the seller to contribute more th...
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Hi all, Zillow won't let me list for my rental property and ask me to list on streeteasy, however streeteasy want to charge me a fee of $185 per 2 weeks to list a rental property.those who lives in new york how do you...
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Hello everyone,
I am preparing for my first REI venture.
I am looking to start by flipping houses in the Boston Area.
My finances are structured, and I am still collecting information to give me more confidence and...
Hi I am getting started and can’t find info on what can be deducted for this type of business during the startup period. ( yes, I will speak with a CPA ASAP.)in the meantime what are some examples that I can deduct in...
New to BP. Our company has a very large portfolio of seller financed houses and we have been operating for about 20+ years. Currently, we create a new excel sheet with the ammonization table for every customer. It is ...