Roy Logan
3rd year Real Estate Investor / Landlord
6 December 2024 | 9 replies
I invest here in GR and am happy to connect you with our financial advisor who is helping us structure our businesses for our properties.
Dahrian Barrett
Best Banks for Cashout Refinance
5 December 2024 | 5 replies
Knoxville has some good ones like First Tennessee, Pinnacle Financial Partners, Y-12 Federal Credit Union.
Justin Pumpr
Experiened, but struggling REI - Advice needed
6 December 2024 | 9 replies
Selling off underperforming assets to pay down debt and rebuild your financial foundation might give you the breathing room to reset.
Fadil Khan
Interested in Rental Income
3 December 2024 | 4 replies
Prioritize your financial stability.
Terrance Teague
New Member!! Excited To Network, Learn, and Grow!!
5 December 2024 | 8 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Matthew Toporowski
What due diligence do you do on prospective commercial tenants?
4 December 2024 | 4 replies
hey @Matthew Toporowski, at the least I would check their financials/tax returns to see how profitable they are (which translates into how easy it will be to pay your rent).
Melanie Baldridge
One of the best strategies?
26 November 2024 | 4 replies
Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.
Tracey Watler
Looking a lender…
2 December 2024 | 9 replies
Any suggestions on a financial institution for a loan?
Fernando Domingo
Insurance for California
6 December 2024 | 15 replies
These carriers are not profitable in CA and CA laws and regulations do not make it easy to mitigate these financial struggles.
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
My personal rule is to never invest more than 10% of my financial assets in any one deal.