Hi everyone,So I have been learning about vacant land flipping recently. The main strategy is to find lists of property owners with delinquent taxes, target them, and buy land for huge discounts.I can't help but feel ...
Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
I'm looking at the issues and risks for buying more rentals as investment properties:Cons:-Difficult to get your money out without capital gains. Either forced to keep 1031 exchanging or cash out refinance. Could move...
My guess is "no". Still in the process of funding my Roth IRA LLC and there's a property I would like to make an offer on but I won't have the $ in the LLC account for another 10 days or so to be able to write the ea...
I have set up an S-Corp and working on my first flip. I plan to keep any profits in the business for the first couple of years until I have some flips under my belt and/or making a good amount of money. So I will not ...
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What's up everyone. I have been lurking around for while and I have a question I can't find the answer to.Lets say I am renting out a home for $1,000 a month and I am setting aside 25% (lumped CapEx, Maintenance, Vac...
My wife and I currently own our own house in our own names. I've been looking in to ideas of how to write off rental income. The way we have the LLC set up, it roles its income directly in to our joint income, Texas i...
Hi,I am in the Fayetteville, NC area. I have a 4 units that has been always managed by a local company and now I want to manage them. The property manager is telling me that I need a Trust Account for my tenants secu...