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13 October 2024 | 11 replies
Seems too good to be true but I guess if they enough of them it pays off.
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16 October 2024 | 13 replies
You cannot extract from it indefinitely; there is a limit to the number of properties you canpurchase in this manner without paying back into the life insurance which does not exist on a true 100% LTV.
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11 October 2024 | 5 replies
While that's true, what I truly remember is the people we were able to help.
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12 October 2024 | 7 replies
I suspect they drew you a flow cart and then your conversations went something like this: I need to transfer my properties to an LLC for anonymity.They are told they are not anonymous & that is not asset protectionBut I need it anyway for tax savings.They are told there’s no meaningful tax advantages But I can get non recourse debt because the LLC is the borrower.They are told they still have to personally guarantee the loanNo, I can get non recourse debt I read all about it.They are told yes, while that is true, the leverage is customarily low, applies to much larger CRE transactions and there are still carve outs.
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12 October 2024 | 8 replies
On the other hand, you may do better by allowing pets and requiring pet rents, pet deposits and pet fees.So true.
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11 October 2024 | 17 replies
ha ha true--- Loophole is just a more fun word to use and used by my CPA- I think it draws more attention than "IRA Rules" thats just too boring :)
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11 October 2024 | 7 replies
It's true that it is much harder to find quality tenants during the holidays, so factor that in.
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12 October 2024 | 10 replies
Do you have access to the MLS for true ARV?
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10 October 2024 | 23 replies
We do include their tax rate on their return with supplement information but it only becomes a true topic of discussion during our quarterly calls with certain clients.
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10 October 2024 | 3 replies
This makes mobile home parks a smart, resilient investment choice.For those willing to look beyond the traditional property investments, mobile home parks offer the perfect blend of low risk, low maintenance, and strong returns—a true hidden gem in real estate.