I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are ...

First off, I spoke with my CPA regarding an LLC and I'm wondering if she is correct regarding the taxes on an LLC.  She stated that if I were to buy and sell a property under an LLC that the entire gross amount would ...

I formed my LLC a few months ago using a service, and received the Articles and Operating Agreement by mail from them.

The service advised me to make the LLC "Manager Managed" (with myself as the...

when you go after the banks......

http://www.wikileaks.com/

My personal finance teacher is using the Dave Ramsey course and doesn’t agree with me that real estate is a good investment. Instead he teaches that stocks will make you a millionaire no matter what even if you don’t ...

Over the last decade or so, my wife and I have put together a nice little rental portfolio, we've really grown as landlords and property managers, and we have a nice little life that's just getting nicer. Net rental i...

I have a tenant that left last October after being in the property for 5 years and there was damage in the property. I was very reasonable about assessing damage and made sure to prorate everything based on useful lif...

This is a stupid question but do you count things like cars, jewelry, watches, etc. towards net worth

Highest property prices in the nation, maybe the world.  Yet commission rates are untouched.  5-6% is still standard.  But how is that possible considering that'd be more than most people make in a year? $100,000 I he...

Hello everyone!! My name is Travis. I've been browsing these forums for a while as well as doing my own reading/research about real estate investing for quite a while. My wife and I have decided to do this as a side...