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Hey all, thanks for taking time to read this. My name is Dan, and I have a new LLC for property investments that I started with my brother and sister. This LLC is located in the Quad Cities, Iowa, and my brother is th...
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Over the past year I have seen several deals for hotels in foreclosure on TEN-X that have seemed like home run opportunities. I’ve asked my friends to invest with me but haven’t seen anyone interested even though they...
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Hello, could anyone tell me when you would want to pay yourself a salary? I'm thinking about doing a wholesaling business partnership where we would both get paid salary and 50% of the business. Would this make any ...
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hey i know this probablyy sounds like a comercial but i installed those kwickset smart key on both my rental houses,, mainly because i got a killer deal on ebay for a whole house set ,,
but that smart key feature i...
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I have my first SFH rental property (1380sq ft) under contract and it needs windows. Has original from 1960. Not standard. I have a quote from Window World for roughly $10,000 includes same size window replacement and...
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Greetings and happy New Year everyone. I'm looking to hire an acquisitions manager (AM) for my acquisition team. This is the first member who will be paid a salary as opposed to the other team members I have who work ...
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Hello Everyone.I had 30,000 in a Roth IRA. I would like to use it to purchase rental property. I already own a home so I can't use it for first time homeowner purchase. What are the tax implications for taking money o...
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Hello BP - I've been thinking quite a bit about the amount of monthly cash flow I'll need to quit the rat race and provide a comfortable life for my family. Here's very broadly what I'm thinking:Gross Monthly Cash Fl...
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My lender mentioned that he can do a home mortgage only on my personal name and not on the LLC name. The deed had to be in my name. Once the purchase was complete he asked me to change the deed name to LLC.
Is this ...
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I would really like to start travel nursing but also plan to house hack and buy a duplex very soon. Has anyone ever been a landlord while traveling for their job like 13 weeks or so? I was going to start out 1-2 hou...