Craig Bowman
New to realestate investing
28 October 2024 | 9 replies
In terms of strong markets, I tend to look at major industries in an area (hospitals, universities, military, etc.) because I want a large tenant pool.
Maura Winkler
DSCR loans for International Real Estate / Dominican Republic
27 October 2024 | 10 replies
Both require a large down payment (50% or more) and it seems will not finance land/new construction.
Stuart Udis
What Syndicators Don't Want You To Know
26 October 2024 | 10 replies
As you note, there are good large syndicators and there can also be bad small syndicators, so it’s also a case by case evaluation.
Patricia Andriolo-Bull
Art for STRs
18 October 2024 | 14 replies
It is amazing what you can find in thrift stores and the like.Plus I put up a ton of large format photos fully framed.
Haley Elisabeth
Sell our current business to start full-time flipping?
28 October 2024 | 30 replies
After the sale of the company, we have:9-15 months of personal expenses in savings to live off ofStart with $100k cash and do micro flips to avoid the risk of a hard money lender and losing our tail if something doesn't go right or sell quick enoughOnce the house sells, reinvest all the cash back into the next flip and continue doing this until we are doing multiple flips at a time (he can manage 4 large projects at a time by himself, so we assume up to 4 active flips at a time eventually)Pros of doing this:No longer having to manage W2 employees/operations (this used to be my role but now that we have kids I want to stay home, not do this)Getting a larger chunk of cash to start flipping quicker vs waiting 1+ years to save enough cash for the first flipUsing cash reduces our risk of losing money with a hard money lender if the project takes longer to sell, rehab, etc.
Kylie A.
What Are You Choosing For Liquidity
29 October 2024 | 21 replies
Now, you can't do this with yourself, your business, and certain family members, due to the prohibited transaction rules governed by the tax code 4975. 2) Some individuals have large pre-tax 401ks that they rollover and then convert to the Roth IRA, paying the taxes now so they dont have to pay later out of the Roth.
Jay Hinrichs
latest Mortgage scam BROKERS beware. HM Brokers take note
24 October 2024 | 10 replies
Broker is out a very large amount of their upfront money .. scammers have borrowers info..
Chris McClellan
Saying Hello the the Pro community!
25 October 2024 | 12 replies
In my opinion investors buy properties with break even or negative cash flow and hope for large appreciation are taking a gamble.
Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
Note that he advises against putting large EMD down.
Heidi Kenefick
1031 exchange and depreciation recapture?
28 October 2024 | 34 replies
I have a CPA I work with who I’m sure will sort all of it out, just didn’t want to do something if it would cause a huge tax headache later.Do you know if you convert a STR to a LTR after a cost seg, will it cause a large repayment of taxes (I’m doing the cost segs to lower my W2 tax rate).