I will be closing on my first investment property in the next coming weeks. It is a 2-family and we will be househacking. We are inheriting the tenants of the 2nd unit. We also will be leaving our SFH to do this house...
Is BRRRR investing one of the prohibited transactions in a self directed 401k?
Pretty simple situation for most but first time for me. I'm moving in the spring would like to rent out my current home. Initially thought I would set up an LLC but keep reading about banks being able to call on ...
I have read a lot of books in finance and real estate since my early 20s, but one thing that has always been consistent in my readings for the past 18 years is the wealth profile of millionaires. In chart above you ca...
My husband and I just recently formed an LLC for a rental property we now own. The deed to the property is in the name of our LLC- with my husband and I being the 2 owners/members. My question revolves around utili...
my LLC partner told me that he just learned we cannot get a 30 year mortgage on our first (possible) rental property. Is this true?And what are the current rates being offered, roughly? Does anyone know. We can put...
Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...
My accountant mentioned that he can open my LLC cheaper then my attorney any thoughts?
Also, any insight into a two member vs one member LLC (for flipping properties)?
Thanks!
I am located in NJ
I'm writing to see if anyone has any experience with short term rentals at the Lake of the Ozarks, Missouri? Most of what I'm looking at is in Osage Beach, Camdenton, Roach, etc. I'm considering buying a lake house fo...
Guys, I am trying to see which service is the best to use. We've used Smart Move and Cozy, but have not tried Turbo Tenant. I just am concerned if we have to go through an eviction, we'll not have the information fr...