Ben Stanley
How to utilize $9k in a 401k
10 October 2024 | 9 replies
Caveat: Rule of thumb is to not do more than 1-2 of these short-term transactions, otherwise, you could trigger UBIT.
Mason Field
Real Estate Investing in Northern VA
9 October 2024 | 3 replies
Real estate is extremely expensive in the area.
Frankie Paterno
What areas are currently cashflowing
12 October 2024 | 25 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
Ismael Ayala Jr.
House swap! Creative financing!!
9 October 2024 | 2 replies
Once ownership is transferred the clause is “triggered”.
Haiden Welch
Real estate Education Recomendations?
10 October 2024 | 5 replies
Another solid read is "The Millionaire Real Estate Investor" by Gary Keller, which focuses more specifically on real estate strategies.For podcasts, BiggerPockets is extremely popular and a fantastic resource, especially for beginners.
Avery Moore
Are there other ways to purchase Investment Properties?
8 October 2024 | 10 replies
Transferring a property with an existing mortgage to your LLC can sometimes trigger a “due-on-sale” clause, which could require you to pay off the loan immediately.If you’re thinking about expanding your rental portfolio, switching to an LLC could give you more flexibility and protection as you grow.
Tristen Hannah
First Deal - Hidden Skeletons?
7 October 2024 | 3 replies
Assuming inspection doesn't turn up anything unexpected.I told my agent I thought $280,000 is a no-brainer and $300,000 I probably can't pull the trigger.
Account Closed
PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
Reports cost $15-$20k but they are done by CFA’s, attorneys and others and are extremely detailed (we had one done).
Rodney West
Multiple unrelated occupants
9 October 2024 | 2 replies
Given that “students” is not a protected class, it’s extremely hard to argue against zoning rules as they relate to them in housing.
Peyton Culberson
Managing Your First Rental
11 October 2024 | 13 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.