Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
@Victor Yang When gifting a house, the FMV at the time of the gift counts toward your lifetime gift exemption (currently $13.92M per individual in 2025).
Ashley Wilson
Pros and Cons of Joining a Coaching Program
27 January 2025 | 29 replies
While a mentor is helpful, I don't think these coaching programs can dedicate enough time to individual students to provide that.
David Oh
Profit Sharing Bonus for Property Mangement Staff
26 January 2025 | 9 replies
A tiered system works well: reward individual performance (e.g., quick work order completion) and team-based success (e.g., overall portfolio stability or income growth).Be cautious when setting pay expectations.
Augusta Owens
Planning my process
9 January 2025 | 5 replies
Yes, the more units you go up, generally the less players in the game so there is some advantage in purchase competition as you go up, but also more management scale and cap ex for someone who is new.3.
Wade Wisner
Help with Note/DOT investing
28 January 2025 | 14 replies
Jay I know you are a player in this space as well - but I am curious to your opinion on finding decent loans to buy.
Jay Fayz
House hacking as a student
28 January 2025 | 8 replies
You mentioned that you are not a W-2, but that is not the only status of income producing individuals.
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
Wrongfully terminating individuals not only disrupts their lives and livelihoods but also reflects a lack of respect for their rights as employees.
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 replies
I think it depends on the individual and opportunity.
Rick Im
2nd mortgage lender
17 January 2025 | 4 replies
Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.
Frank Pyle
36 unit Condo Building Construction loan
30 January 2025 | 7 replies
We are seeking a construction loan for a condo building, with a total build cost of $5.2 million and an improved value of $7.9 million.The proposed construction involves constructing a 65,067 square foot residential condominium building in 2025, comprising 36 individual units.