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Hello, my name is John Ellzey. I have been a landlord in one capacity or another since 1986. I currently am mid-renovation on a single family home. I'm a member of the Austin Real Estate Networking Club. I came across...
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I was just talking to a CPA about setting up an LLC to hold my investment property. He cautioned me of this approach (although he thinks it makes sense from asset protection stand point) lenders may not give me mortg...
Hi all, I'm looking into buying a first investment rental property with 2 partners and we're trying to figure out a) what legal entity (if any) to create and b) how to handle financing. 2 partners are in California; 1...
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I am a starting up investor, I have registered LLC. Are you using LLC for the title and then use your own SSN/NAME for the finance part? so this way you are protecting yourself? please let m eknow. thank you!
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My wife and I started our property investing last year. We have a single-family home now and we're looking to add two more properties before the year is out. I'd like to buy a duplex and possibly buy some mobile ho...
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I've never invested in investment rental properties and I have a question. I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...
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My name is Kishor and I have a full time job in seattle. I have no real estate investing experience but I find the subject extremely fascinating and viable in regards to creating greater financial independence. My g...
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Hi again BP!I'm a noobie from central Florida who's still figuring out my goals and the strategy to get there. I'd like to get your thoughts. Would you recommend visiting with a local CPA, real estate attorney or any ...
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Hi Everyone, I just bought my primary residence and am planning on renting it out. I am the sole proprietor of my LLC and would like to be able to collect rent money through my LLC so that it is profitable and I can u...
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trying to find the answer but cannot find anything useful.... * I have a rental property that produces 7k rental income/yr.* I want buy a (vacation) rental property that will produce 9k of rental loss/yr.* our MAGI ex...