Looking at finance options on a MF home and struggling with either getting it paid off in 10 years at 3.375% or stretching the loan for 30 at a rate of 4.125%. The difference in the monthly payment is $347 dollars. In...
I've been considering hiring an accountant to handle the accounting for my short-term rental properties. For those of you that have hired an accountant, was it worth it? Also when looking for someone to handle my book...
So my 2015 (the year we started rehabbing properties full time) was audited. I made the mistake of not using a CPA and she messed up my tax return huge. Long story short I got a $14k refund. During the first quarter o...
Recently just did a total rehab and debating on selling it or pulling equity out?
Hello All, had a question, in Florida, when buying from an auction does buying the 1st Mortgage wipe out the 2nd Mortgage?
hi my names Joe, ive recently became a pro-member but have been on this site for a couple months now, i"ve listened to 100+ podcasts, mostly the ones that pertain to multi family and apartment complexes but have ventu...
I was doing the driving for dollars and came across a house with long grass and boards over the windows. Perfect! So I write down the address and look it up find it is some out of state owner. I send him a letter expe...
Duplex in Delaware currently in an LLC, but the owner of the LLC is a holding company. My wife and I are the only members of the holding company. We want to refinance in our own names, then transfer it back to the cur...
I'm about to close on my first house in 19139 and the Assessed value of the house jumped up from $68,000 to $110,000. Is this normal? I purchased it for a little above assessed value, should I appeal it? If I were to ...
I have two questions hoping y'all can help me out with. 1) I'm purchasing a multi family property in my personal name. Should I set up an LLC to manage the property? (For ease of separating expenses, write offs, payin...