Amanda Dobbs
Where to find Investors
28 January 2025 | 3 replies
In-person interactions are great for building trust with potential investors.Real Estate Platforms:BiggerPockets: A robust platform for connecting with private lenders and investors.Fund That Flip, PeerStreet, Groundfloor: Online platforms connecting investors with real estate projects.Social Media Groups: Facebook and LinkedIn groups dedicated to real estate investing often have private investors or lenders looking to connect.Personal Network: Often overlooked, but friends, family, and colleagues may know individuals interested in investing.Private Money Brokers: If you're working on wholesaling deals, you may find brokers who have established relationships with private money lenders.Real Estate Agents: Some agents have connections with private investors, especially those focused on investment properties.For your 50% LTV, it's good to approach investors who may be interested in lower-risk, high-equity deals.
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
Mean while i would be building equity, and if rates do lower, or when the term ends, could refi for better rates and then maybe cash flow.My questions are:Is this too naively optimistic?
Jeffrey Bourque
Found a Deal but Not Sure
27 January 2025 | 7 replies
My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.
John Williams
Private Money Lending Gone Bad
16 January 2025 | 15 replies
In a market like this where properties are sitting a bit longer, buyer demand is kind of stagnant, many appraisals have been coming in lower than anticipated.
Tuan Tran
Section 8 Fort Wayne, IN
15 January 2025 | 7 replies
There are some zip codes where you can indeed get above market rent with S8 (even after deducting utility allowance), but some where they are lower.
Katie Flynn
HELOC on Investment Property (NY)
21 January 2025 | 3 replies
Their ability to recover their money should you default is much lower in this position.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
There's usually a good reason why the entry points are lower.
Preet Oberoi
Rookie - Fix and flip in NYC
21 January 2025 | 3 replies
There is a ton of fix and flip going on in Brooklyn and I am trying to work my confidence towards that after my first project at a lower price point around 300K somewhere (CT seems like my only option).
Susan K.
Q on deferred salary to a Solo 401K
30 January 2025 | 4 replies
They lower taxable income for federal taxes but not for FICA.However, employer contributions made by the S-Corp are not subject to FICA and count as a business expense.Make sure your W-2 correctly reports wages, deferrals, and FICA wages.
Daniel Vo
Daniel New Member Introduction
24 January 2025 | 16 replies
Hi Daniel, Columbus GA has properties much lower in price than the metro Atlanta area, you should do fine to learn your local market.