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24 September 2018 | 6 replies
A buddy who is 'making 20-30% returns' in direct Real estate investing is not giving you audited financial returns showing you that.There are good and bad REITS just like there are good and bad investment properties you can buy and there is also a certain amount of luck with each.
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22 August 2018 | 5 replies
@Sean Beksinski thanks buddy, but no honestly there's many more experienced pros on here then me I just happen to be like a sponge with information and not scared to apply it.
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17 September 2018 | 30 replies
that works you could do a basic LLC and have uneven distributions which is the major benefit to the LLC.. the LLC lends the money you have 2 or 3 buddies as members.. you the sponsor be the managing member.. then cut the pie however you like.. when I had my shops I did this through guidance lines with my banks.. we put the cash out for the loan.. then back filled and pulled from our guidance line.. for every 1 mil in cash we had we got 4 mil from the bank..
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18 September 2018 | 31 replies
Long story short, my mother lost her house, my father took over, and when he rented it to me and my buddy’s we went haywire and tried to remodel the place.
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22 August 2018 | 16 replies
I was thinking of doing a bridge loan with a buddy of mine that does no points 12% interest no prepay and he will extend if I need him too.
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31 August 2018 | 2 replies
I am going to refer to the book on estimating rehab costs when my buddy gives me my book back.
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23 August 2018 | 1 reply
I thought it would be cool to find some buddies that are new to this stuff just like me.
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23 August 2018 | 0 replies
Hello Guys,I just had a buddy who had to fire his contractor half way through his rehab and is needing to find a good reliable contractor ASAP.
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23 August 2018 | 6 replies
I'd like to revisit a back-and-forth, grey-area topic in light of the TCJA and new Section 199A regs... Landlords issuing 1099s.As we know, the requirement to issue 1099s for landlords who operate rentals that don't r...