Travis Boyd
Should I wait to form my LLC until after my first purchase
14 December 2024 | 6 replies
@Travis Boyd Outside of instances where FHA or other extremely advantageous financing options exist I am a proponent of the LLC for investment real estate although the liability piece is overstated.
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
If syndicator is building reserves for the first year of ownership, for instance, and not paying distributions, AND recognizes rental profit, you will have a larger tax bill that year, since you "made money" in the IRS's eyes, even though you did not receive any cashflow from your syndicator.On a more general note, a preferred return does not mean you will get that amount of cash flow each year.
Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
They are forced to be there so in a lot of instances you are trying to find the best candidate amongst the vast pool of bottom feeders who already have proven to be such.
James Wise
Failed Leadership is why California is on fire.
19 January 2025 | 138 replies
Or the 6k houses that burn down in Napa and Sonoma counties U just dont hear about it because it was not LA and the rich and famous.. the Napa fires are the exact same scenerio Atlas peak is solid brush and its burn 3 times in my lifetime but this time there was homes built right next to it and again freak winds downslope winds that caused this..
Troy L.
Raise one rent, raise all of them to prevent false claims of discrimination?
19 December 2024 | 10 replies
In this instance the tenant questioned the other 5 and determined their rent was the only increase.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
For instance, if the contract just says "install kitchen cabinets," it might be unclear whether this includes removal of old cabinets, disposal, or even painting.So what do we need to include in a general contractor agreement?
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
@Greg Scottin these instances I would say thank you and we accept your offer to return your deposit and will send over a lease cancellation document for execution
Jaylen Thomas
Wholesaling in Dallas/fortworth area
13 December 2024 | 3 replies
For instance, if you’re specifically looking in the downtown area of Colleyville, you may have challenges.
Maynhia Stott
state that offer OTC tax liens and deed
18 December 2024 | 20 replies
Maynhia Stott - be careful on OTC liens, typically those are the leftovers and many instances there is a reason they are leftovers
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
For instance, property tax & insurance expenses.