I have a wholesaling LLC with a partner in Texas. We recently have been speaking with someone in Tennessee and are discussing partnering up on their wholesaling business (located in TN). Are we required or is it a sma...
So, my first year receiving 1099s for rental property and the local housing authority issued me a 1099, while the 1099 my PM issued including ALL rent $ they received, effectively meaning the IRS thinks I made more th...
Good day everyone. I am in the market to buy my first rental home but due to the mortgage on my personal home, my debt-to-income ratio is relatively high. Is there a workaround for the debt-to-income ratio issue? What...
Ive read the posts on BP and ive been to meetings in little rock but even though im a newbie going to meetings and hearing about Wholesaling isnt really going to help me with house hacking. If i were to Wholesale the...
I have been doing some research online and there seems to be a lot of potential in the ATM industry. From what I understand so far, you make 100% of the transaction fee from the ATM withdrawals. So the plan would be...
If we sell the two houses that we just rehabbed, put all the cash we get from that as a down payment on say 5 multifamily houses, would our taxable income be $0? How do we achieve that?
What do I say to a small town bank on hard money lender? What is the best approach: a letter, phone call, OR applying online, especially when you need to be creative?
I've looked on the forms here and online but can't find one I like. Does anyone have a good sample letter that lists the deposit, the fees deducted, etc. that I can download?Thanks!
Hi everyone,I have just joined the form today hoping to learn more about real estate investment. My target location isn't the most ideal for starting out I think, I live in one of the most expensive cities in the US. ...
Hi all. Our first and only tenant will be moving out at the end of the month and we plan to do some minor rehab and updates before releasing to a new tenant. I know I need to get the utilities back into my name for th...