Shahil Keshav
Debt Service Early Payoff
What are your recommendations on paying off small multi family unit (4 units) early? All 4 are currently rented.
Rent - $6,700
Payment - $4894
Note is $680,000 at 7% over 25 years
Would you suggest trying to shav...
Frank Perkins
Legal issues with a licensed agent wholesaling in California
I'm a licensed real estate agent in California, but I also have a W-2 job as my primary source of income. I'm wondering if there are any legal issues involved with wholesaling or personally buying an off-market prope...
William Peterson
New Member Introduction
It's a pleasure to introduce myself to this community. My name is William, and I'm honored to join the ranks of fellow real estate enthusiasts here.
Currently, I am deeply immersed in the world of finance, pursuing ...
Omaree G.
Transfer title and tax
Hello!
I just recently purchased my first buy and hold investment property. Currently, I am in the process of transferring/titling into my LLCs name. My first question, in your opinion and experience, what are some i...
Michael Feaga
HELOC investment within personally owned LLC
I have seen a few threads on narrow topics related to the use of HELOC for funding investments in an LLC but I wanted to ask zoom out a little seek some general feedback on what is likely a common situation. As an in...
Kelvin Letron Brantley
Tax Assessment for Lease Option Property
I'm looking to lease option properties. In my state of South Carolina, there is a different tax rate for Owner-Occupant vs Investor. My questions are:1. If a seller agrees to L/O, are they required to go to the cou...
Jillian Carlson
Buying/Selling Rental properties
I am not sure what to do here. I am a newbie, and assisting a friend to sell two properties. They are in Va, and the properties are commercial with full tenants. There is a row of townhouses, and a strip mall. It is a...
Jeff Ronningen
Selecting an Accountant
Hello BPers, in the past year or so I took on a partner to build a real estate business while continuing to work my demanding corporate job, which I plan to continue indefinitely. We're up to 23 units. We need a more ...
Account Closed
property Management Business
I am in the beginning phase of purchasing an existing property management company. Would appreciate anyones input or experience as to the pros and cons. Also, how to put a value on the business.ThanksMarc
Lamont A.
What do you suggest?
I was searching for a lender that would allow me to establish a LOC on one of my properties that has a fair amount of equity. As you know most banks require it to be your primary residence, anyway after some conversa...