Jonathan Small
Case Study: Cockroaches to Cash Flow
30 December 2024 | 1 reply
Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)
Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
Most of the work will be following up with warm leads already.)When you say you’re taking a job, will you be an employee on salary + commission or an independent commission only “contractor”.
Austin Bull
AI and REI
29 December 2024 | 8 replies
These systems are becoming more sophisticated and (my favorite) capable, leading to improved user experiences and potentially freeing up human employees to handle more complex tasks and interactions.
Don Konipol
COMMERCIAL Mortgage Broker Licensing Requirements by State
28 December 2024 | 16 replies
I know people who do this and I do not believe there are issues with it, but speak to an attorney and they should probably notify the company if they are an employee of that company that they are doing this.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 44 replies
I have a contact at a military contractor that has employees transfer in for a 3-5 year gig.
Daniel Dubeck
Gap funding
28 December 2024 | 13 replies
By utilizing section 8 income we will turn it into a property that is insured beyond belief and make over $ 418,000 gross $320,268 net.
Abhijit Roy choudhury
FINCEN requires Beneficial Ownership Information filing JANUARY 1, 2025
27 December 2024 | 4 replies
For example, one exemption is tied to your total revenue which is $5M in gross sales or receipts in a calendar year.
Jose Mejia
refinancing a property from hard money lender
19 January 2025 | 15 replies
It's going to be your [Gross Income] divided by [Fixed Expenses].
Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
I won't proceed on a property if I don't believe I can hit a 10% gross yield.
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
For instance, in Sec. 401(a)(9)(C) it says:...The term “required beginning date” means April 1 of the calendar year following the later of—(I) the calendar year in which the employee attains the applicable age...Example 3.