Jamie Parker
Reinvesting in the business (How to structure paying self)
15 November 2024 | 17 replies
Because of that, the first layer of complexity could be beneficial due to an exit of 100-160k.
Constantinos Zavos
Off Market Deals - What is the best way to find / approach them?
6 November 2024 | 8 replies
The key is to generate a solid list that starts with high equity homeowners and you can layer on top other filters like Notice of Default, downsizer, absentee owner, etc.In my experience, the goal isn't to make someone consider an offer on their home, they're either going to be interested in selling or not, you can't control that, but you can control trying to figure out is they have any interest and finding out their motivation.
Account Closed
What is my best option regarding transferring my mortgage to LLC
5 November 2024 | 5 replies
Benefits of an LLC: Forming an LLC can help separate your personal assets from your rental properties, providing an extra layer of liability protection.
Kevin S.
How should investment property be held from an estate planning perspective?
5 November 2024 | 12 replies
@Kevin S.Great question legacy planning is hard enough with family dynamics, add in illiquid and non divisible property for another layer of fun!
Ben Foullon
Holding Company Question
5 November 2024 | 11 replies
As mentioned if the holding company is not solely holding or owning assets together funneling monies as a loan would further complicate if there is a default but also cause you to file extra tax returns = $...Yes you are taxed on interest income or any money that you make, does not matter how you structure it, what comes into play is not how much your taxed but how much you pay someone to figure out for you how much you need to pay and each layer is an added cost.
Leland S.
Retrofit sound insulation between levels
31 October 2024 | 4 replies
After some research, I've come up with the following:- Blown-in insulation to fill the joists with hard-packed cellulose- Add asphalt panel board layer across the entire ceiling to the existing drywall and fill the cutouts. - Add a second layer of 5/8's drywall to the asphalt board.
Michael Baum
Fed cuts rates by .5%
9 November 2024 | 87 replies
So put your trays and seat backs in the upright position because we are probably in for a Hard Landing or at least a lot of turbulence. a klabamo landing where the oxygen masks drop :)
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
I didn't like the exchanges being hacked, didn't like the concept of cold and hot storage, 6 word passkeys layers on additional passwords, and those cold storage devices.I actually like my money as digits on a screen, partnerships, and physical real estate.
Joey Samudio
1031 into a BRRRR
2 November 2024 | 6 replies
@Joey Samudio, I'd recommend buying the asset with a normal 1031 exchange and then layer on debt for rehab after purchase.