Ricky R.
Create separate LLC for each property?
Any of you veteran NC LLC owners care to advise on any tips for forming a single person LLC? I'm reading that it may be a good idea to create a separate LLC for each investment property as well. I'm aabout to start th...
Canesha Edwards
WHEN to file SEC Reg A Doucments?
Hello, I hope everyone is having a great Sunday. I have worked in Finance my entire professional career. Starting out as a credit analyst for BB&T, I spent mu younger years reading through 10Ks, 10Qs, financial s...
Jason Chambers
FIRST PROPERTY NEED HELP PLEASE
Ok, so i was wondering if I'm missing anything on the first numbers i have ran on an actual property. Let me give you a rundown of how it went. listing price 169kcash to close would be 11129month rents are 1350prop ...
Sam Erickson
"We charged a penalty on your Partnership tax return"
Hi Everyone,I received a notice from the IRS saying My LLC that has four members was charged a fee because according to the IRS we "filed the partnership return late."The amount is $4,920. ($205 per partner per month...
Nathaniel J Mott
Found off market seller, how to proceed?
My friends neighbor told me she would like to sell her house off market in the Raleigh area to avoid realtor fees. She seems to he okay with selling it below market value because there are some needed repairs (siding,...
Amonrid Chaiprathum
Primary Borrower and Co-signer Occupancy
I’m in the process of helping my mother purchase her first home. However, we’re wanting to purchase a property as a primary residence and then later on convert into an investment property.
So my mother is living ren...
Roy C.
FHA loan vs. cash refi 20% down conventional loan analysis
I have been analyzing FHA and conventional loan, and I just want to double check with you guys on my thought process.I created a hypothetical property with following info:2nd property to own- DuplexPurchase price: 200...
John Britt
Is this happening anywhere else....Airbnb is banned in my city
The city that I live in does not allow Airbnb rentals, although I can go just over to Chattanooga, Tn to buy Airbnb. Does anyone else live in a city that does not allow Airbnb rentals?
Robert Duffer
Alabama investment option - analysis paralysis- help!
I'm at the crossroads and have to decide today...I have a couple of properties in Birmingham area Alabama selected for a 1031 exchange, I have one or two more I can add and am in analysis paralysis between selecting i...
Brandon McMullin
Assuming a mortgage to acquire a property
I met a lady selling her house, long story short. she wants to move out of state in a few months and I told her I would buy her house. I told her I would be okay with just taking over her mortgage. and she was just fi...