Hello I have 1 rental property (a 2bed 2bath condo) and I live in an another primary home. I would like to know if there is any benefit to register my rental property as a LLC? As a matter of fact I am self managing t...
Hi, I own a Victorian 4-plex in the SF Bay Area, which at some point would have been converted from a single family home. County records, Property Tax records, and the Title report all show it as a 4-unit building, a...
How do you calculate how much you would pay the current owner for the "lease"? How do you calculate how much you would pay the current owner for the "option"?@briangibbons
I want to know how many rental properties i should be looking at before i find a positive cash flowing property. Ive looked at about ten now and have only calculated negative cash flows. basically im just trying to fi...
Hello All - I'm a new member so I have lots of questions. Curious about pros/cons of obtaining mortgage through an S-Corp/LLC or obtaining as an individual and then transferring to the LLC/S-Corp.
1. In general, what...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $272,500
Cash invested: $15,000
4/2 Single family house
What made you interested in investing in this typ...
Looking for some insights here, old google didn't have them. I found a listing for a short sale that meets my investor parameters. I also found the foreclosure proceedings in the county clerk of court filings. It appe...
$48,000 HELOC taken out of rental property #1. Bought rental property #2 with HELOC, spent $26k of own money for remodel, property is cash flowing ($1100 rent-$142 HELOC interest only pmt-$60 insurance=$898. Estimated...
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I was running numbers using the bigger pockets rental calculator and as i was labeling expenses, and ran the analysis, i noticed that the numbers through my expenses didnt include the property taxes, or the 5/10% of t...