Ralph S.
Sometimes, You Feel Like a Jerk
I rarely start a thread, but today I had an experience that I just have to share.
A year ago, I thought I'd hit the jackpot. A single mom with two teenagers (15 &16) moved into one of my rentals. She had two ot...
Tom Wallace
LLC for rental properties?
I currently own 3 single family properties which I rent out. I am in the process of trying to secure more. I have a simple DBA. I am thinking about forming an LLC to provide myself some protections. At the same time,...
Shawn Ackerman
Title Insurance a MUST or a BUST
If the inspection goes well tomorrow I will be buying a property from a wholesaler(cool person) and I wanted to know if I should get title insurance. I'm buying the property cash and will most likely be putting a mor...
Luna B.
Postponing rent collection to lower taxes
I need to lower my rental income for this year due to some other income coming in.I know I can prepay certain expenses at the end of the year since I do cash based accounting. Now I am wondering if would work to have ...
Christopher W.
How much to pay private lenders?
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
