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10 February 2025 | 6 replies
And ended up 1031ing his entire portfolio to where he wanted to live when he mustered out.
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10 February 2025 | 12 replies
They did what they said but it was pricey and the leads/conversions I got end up being negative ROI so I quit.
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9 February 2025 | 32 replies
It looks a lot like a customized version of High Level, kind of like REI Reply.
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6 February 2025 | 10 replies
If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much.
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6 February 2025 | 2 replies
By highlighting properties in high-demand areas like San Ysidro that are ripe for SB-9 developments, you'll attract savvy buyers and investors who are eager for strong returns.
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29 January 2025 | 68 replies
Sullivan recommends the cooperative ownership model as the ideal structure for MHPs what is stopping you from forming either a high or low equity co-op and purchasing the park from SCI?
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18 February 2025 | 7 replies
My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.
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27 January 2025 | 11 replies
He markets himself to no end and I see more stuff from him than anyone else, but he is one giant sales pitch.
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23 February 2025 | 7 replies
It didn't sell at auction, so not sure what they ended up doing with it....maybe tried again later or put it up OTC.
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22 January 2025 | 56 replies
At the end of the parable each one presented what they did with the talent.