Zach Rubin
Extra Payment on first property or waste of time?
Hello community,The wife and I just purchased our first property that will be our primary for the first year or two on a FHA loan. We do plan on refinancing it after that time due to the ideal interest rate we are pro...
John Horner
$150k cash, 740+ credit score and can't get a loan for anything...
So this is a hypothetical... But I am very motivated and eager to quit my day job. Last year was my first full year as a Real Estate wholesaler, wholeTAILer and flipper. I completed 17 deals last year, 15 of which ...
Robert Ferrell
Using credit cards to fund the purchase of rental properties
Is there anyone out there who has used credit cards to fund the purchase of a rental property? I am planning to use my cards as a tool to aquire property and then get a cash out refi as soon as possible to pay off tho...
Rich Weese
which is better, 1031 exchange or take the money and run
99% of the respondents will select 1031 exchange. If you know me very well, you know I march to the beat of a different drummer. I also like to play the contrarian.If I decided to part with one of my 150 unit apartmen...
Gary Wright
When to file for LLC or Stay as a sole proprietor
Hello everyone ! I am very new to Real estate investing and I do not own any properties yet. My question is, should i file for an LLC while i am educating myself or stay as a sole proprietor and wait until I get my f...
C Martinez
Acounting Software
What software are you guys using to track your revenue and expenses? We have used excel, quickbooks, and recently purchased Peachtree. I started reading the setup guide for peach tree and it doesnt really seem like ...
Adam Collopy
LLC as Professional status?
I own one rental property at this point and setting it up as an LLC for a tax shelter which I'm doing through Legal Zoom.
Legal Zoom called me and said they want to know because I'm in the state of California, do I wa...
Chris Policicchio
Is there a standard for prorating taxes? 2% default?
I'm closing on the sale of a flip tomorrow and the title company is telling me that my proration of school taxes is based on the 2% discount, even though I didn't pay the full amount OR pay early enough to receive the...
Raul Gil-Azamar
Lender using current leases on property towards buyers income
I’m wondering if anybody else has had experience with the lender using the current leases and the rental income on a property that the buyer is purchasing Towards their income?
Tom Server
hired a property manager, should I still get a property manager application?
I was going originally going to be my own property manager and ended up hiring someone instead. Should I get any landlord or PM programs now /.?