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19 January 2025 | 1 reply
I bought the property in June, have had 4 renters the first month and then 3 the remaining of the year.
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21 January 2025 | 0 replies
Here is an example with some figures:My LLC total investment = $204,000Partner LLC total investment = $196,000Value of project when complete = $500,000Each LLC value afterwards = $255,000 / $249,000The plan was for me personally to go get the refinance loan because the terms are so much stronger than if I went portfolio with the LLC.Loan total = $300,000 (keeping at 60% or under of value for best terms from the bank)Partner LLC payout = $249,000My LLC payout = $51,000In this scenario, I am struggling to see how to get the remaining equity in the project into my personal name?
28 January 2025 | 7 replies
You came to the right place to learn more about real estate and connect with other motivated investors.
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31 January 2025 | 2 replies
If one tenant moves out, the property remains cash-flow positive.
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22 January 2025 | 16 replies
If the sell is motivated enough, then the wholesaler has all the value in the world.
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22 January 2025 | 0 replies
Prices remain relatively low, but appreciation may be slower.Monroe: A mix of cash flow and appreciation potential, Monroe has become a popular choice for investors, especially in areas where new developments are popping up.Appreciation-Focused NeighborhoodsBallantyne: A well-established area with high demand, Ballantyne offers excellent long-term appreciation potential, though cash flow opportunities may be limited.South End: A booming urban hub with a vibrant retail and restaurant scene.
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23 January 2025 | 31 replies
I know I will be back eventually but if I remain in the US for many more years the tax implications are a bit scary.
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5 February 2025 | 2 replies
This was posted and up for 60+ days and saw the price dropping and learned the seller was motivated.
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2 February 2025 | 4 replies
You remain liable to the note holder.2.
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26 January 2025 | 5 replies
It's rare that you'll find a good seller for #1, so the only option remaining is to document the condition from the day of purchase.