John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
Fortunately, my attorney had previously filed and successfully pursued lawsuits for frivolous actions and once these attorneys became cognizant that we would file such against THEM personally they withdrew the suits against myself.
Caleb Johnson
Hard Money Lending Questions
20 December 2024 | 14 replies
Even if your GC is decent was able to get your job done in 100 days, if it doesn't resemble the comps in quality then your 300k exit is now 270k and with all the exit costs and holding costs your 40k expect profit is now under 10k.
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
12 December 2024 | 6 replies
Hello,I am wondering if anyone knows the answer to this, I am a Canadian citizen with many single family houses that I own in my Florida LLP, I am currently using the structure of paying taxes from the the profits from the LLP flow thru into my personal name, paying taxes in Florida and then having to pay the difference in taxes in Canada ( minus the amount I paid in Florida as a foreign tax credit).
Rajagopalarao Paidi
How to avoid or minimize Agent costs
10 December 2024 | 17 replies
Quote from @Rajagopalarao Paidi: Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has Do it FSBO if you want to save them and then hire a TC or company to do the work...
Marcus Auerbach
Mortgage rates going up. Is the market expecting inflation?
24 December 2024 | 25 replies
I believe it is a larger issue than what we define as the economy, which is mostly measured in corporate profits and Wall Street performance, this is not what the average person perceives.
Lorraine Hadden
Are You Leaving Money On The Table?
10 December 2024 | 0 replies
The possible lack of profit that is left behind.
William Causey
Flexible loan terms vs Fast Closing
13 December 2024 | 4 replies
However, for longer-term profitability, flexible loan terms often have a bigger impact, especially with interest rates or repayment structures that align with your goals.
Roberto Vasquez
First timer here
10 December 2024 | 5 replies
Determine local/state laws regarding wholesaling and determine if (1) you need to be licensed in the jurisdiction you’re considering and (2) if you’ll be able to operate profitably while remaining legally compliant2.
Rich Emery
DSCR without penalty for selling early?
19 December 2024 | 15 replies
However, if the property is a long-term hold, the lower interest rate with a prepayment penalty can often result in better overall returns.Another consideration investors should evaluate is how prepayment penalties are structured - whether it's a declining penalty over time or a flat fee - because this can significantly impact their profitability when selling earlier than expected.
Tyler Cobb
Mobile Home Investing
10 December 2024 | 12 replies
Just like any other investment, if you take into account all your costs and buy at the right price, you can still make a decent profit.