Hi, I'm a newbie to the world of real estate investments. I've got one rental property and would like to add to my portfolio. The rent from this property covers the mortgage. I also pay my mortgage for the house I liv...
Hi allMy dad has a 1br/1ba lower unit condo/apartment up in Alameda and is looking to sell it because:"don't want to deal with increasing HOA Mgmt Fees, additional liability Insurance, Prop taxes NONE of which will be...
I have read a lot but am still unsure. I live in California, investing in Florida. Which state to register LLC in?I will be flip and sell and flip and hold. I have a regular w2 day job making 90k.How will LLC help my...
My wife and I have decided to go full steam ahead with building out rental portfolio. We are currently closing on our second property under our newly formed LLC. With tax season fast approaching, we are wondering if w...
Hello all,To take some cash out of my proceeds at closing would be very helpful in paying off some debts. This is a 1031 Exchange.Is it possible to take $10k and pay the tax due on that amount?
Hi, I'm new to real estate investment. I recently purchased a 2 unit home in southern Maine. I couldn't be more excited about the purchase. I moved in Jan 1st but I realisticaly won't be getting a tenant in the other ...
I use a Strict policy and always have. However, with this CV19, folks that have inquired are now holding off on booking, and the new inquiries have pretty much dried up. Is anyone considering relaxing their cancellati...
Hello everyone.
I was just thinking would you ever consider renting the house you live in while owning investment properties. In other words I am considering living in a prestigious area I cant afford to buy but coul...
Hello Everyone,I am currently under contract for a duplex between my father and I. My question is, after closing, is it possible to put the duplex into an LLC. I want to ensure that both my fathers assets and mine are...
Been doing a lot of research and prep work and feeling ready to start putting offers. Few questions still.1. If I use a HELOC or HELOAN from my primary residence to buy a rental, will the mortgage interest be able to ...