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All Forum Posts by: Joshua Poitras

Joshua Poitras has started 48 posts and replied 175 times.

Post: Mass Texting - What programs are people using?

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67

What programs are people using for mass texting? Is there a way to have it done from you actual phone number? Is there a way to text all my contacts without entering them individually?

Post: Creative financing and sellers taxation

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67
Quote from @Caleb Christopher:
If they receive their equity in installments, generally they can elect to claim gains all upfront, or report it as/when received. And therefore, they'd be taxed either all upfront or as they receive the payment/benefit.

 word!

Post: Creative financing and sellers taxation

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67
Quote from @Account Closed:
Quote from @Joshua Poitras:

@Caleb Christopher now what if they start taking the payment in installments? Because that's what sub to is anyways ? am I correct? 

A Subjet To is not an installment payment. It's taxed as a sale.

 Says IRS will tax on an installment plan if payment is received in installments?

Post: Simplified's October Real Estate Meet-Up.

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67

Free the 26th? Meet us at Manchester's Simplified Real Estate Meet-up Oct 26th. I'll be sharing my real estate story and we will also have a guest appearance from Mayorial Candidate Jay Ruais.

Post: Creative financing and sellers taxation

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67

@Caleb Christopher now what if they start taking the payment in installments? Because that's what sub to is anyways ? am I correct? 

Post: Creative financing and sellers taxation

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67

Does a β€œsubject to” purchase go on a head and closed on record? If so does a seller pay taxes on that purchase? Or does the buyer simply start making the payments on the sellers behalf and he just has the deed deeded over to him? How does taxation work for subject to?

Post: Simplified Real Estate's eAugust Manchester Meet Up and Networking Event

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67

πŸ“’ Exciting News! Join us for the upcoming real estate event of the year sponsored by Simplified, and inspired by BiggerPockets. Mark your calendars for August 31, 2023, and get ready for an engaging evening of networking with industry professionals. We're thrilled to have Tina Pashovic return as our esteemed speaker, who will delve into the world of 1031 exchanges. Discover how to leverage 1031s for successful real estate scaling. Don't miss out on this incredible opportunity to learn, connect, and grow in the world of real estate. See you there! 🏑🌟

Post: Simplified's Manchester Real Estate Investment Meet-up.

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67

Join us tonight in Manchester, New Hampshire for an exciting Real Estate Investment Network Meetup, where we have a special guest speaker: Bib Bevis, a very experienced investor! πŸŒ‡πŸ”‘

Bob will be sharing his invaluable investment experience and discussing his remarkable journey involving mastering the stabilization phase of real estate investing. πŸšͺπŸ’Ό His insights and strategies will undoubtedly provide inspiration and guidance for both seasoned investors and those new to the real estate industry. 🏑✨

Date: 7/27

Location: XO Bistro - 827 Elm St Manchester NH

Time: 6:30-8:30

This meetup is an excellent opportunity to expand your knowledge, network with like-minded individuals, and learn from a successful professional who has achieved remarkable results in real estate investment. πŸ“šπŸ€

Come prepared with your questions, as there will be a Q&A session following Bob Bevis's presentation. Additionally, feel free to bring along business cards and any materials you'd like to share with fellow attendees. πŸ—‚οΈπŸ’Ό

Don't miss out on this valuable event! We look forward to seeing you tonight at the Real Estate Investment Network Meetup in Manchester. 🏒🌟

Best regards,

Joshua Poitras

Post: North Adams, MA - from industry to arts

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67

Any developments on this? I am looking at a 100 Unit portfolio out there. I know it has had a population decline but looks like it's bottoming out based on history. Mass Moca just finished their last phase and I believe owe haven't seen the its positive effects yet? Every stat is great on it accept population decline. Job Growth up 6% and tourist revenue way up. Has any body invested in North Adams lately? I have a four family to start and the COC ration is absolutely insane. although appreciation seems to be really really slow. 

Post: Manchester Simplified REI Meetup

Joshua PoitrasPosted
  • Real Estate Agent
  • Lowell, MA
  • Posts 185
  • Votes 67

Thanks Homie!