Mario Abundez
Wholesale newbie trying to build business to pay off my current portfolio and retire!
25 October 2024 | 2 replies
Should you need a fund for your future deals, feel free to DM me.
Zac Kucharek
Starting LLC questions - 1 or 2 member LLC
27 October 2024 | 13 replies
More so just heard that if you transfer title into LLC it can “uncap” the property and cause a new tax assessment the following year and raise your future tax expense.
Cory Iannacone
BRR"R"RR Method 2.0: Modifying the BRRRR Strategy for Today's Market
25 October 2024 | 2 replies
Back then, BRRRR worked because we could predict future outcomes with some certainty—what a property’s value would be post-rehab and how the refinancing terms would look in 6-12 months.
Manson C.
Is Cashout Refinance is a Good Exit Strategy?
28 October 2024 | 10 replies
Hi,People always talk about how they purchase a rental property, wait a few years for it to appreciate, do a cashout refi to recoup their initial down payment, then whatever they earn in the future is infinite return.But in reality, how is this truly a "recouping of initial investment" when you have to pay a 4.5% interest to take out the cashout proceeds (with $3000-4000 of closing costs on top)?
Allison Park
Standard for handling appraisals lower than contracted sales price
25 October 2024 | 7 replies
This is also gonna depend on how strong the buyer is financially if its even possible for them to pay the difference.If you get multiple offers on a sale in the future and the price goes over asking, make sure the offer includes some type of language waiving a portion or all of the appraisal gap.If you tried to fight the appraisal already and didn't get anywhere, you don't really have much recourse.
Francis A.
In fast-growing Phoenix, higher rents have pushed more people to their financial limi
30 October 2024 | 4 replies
In our observations it's because most tenants live in the moment and do NOT prepare for the future.
Stuart Udis
What Syndicators Don't Want You To Know
26 October 2024 | 10 replies
Most of the deals I've done, and likely the ones I'll will do in the future, have been funded by HNW investors, by choice.
Jason Kahan
Structuring a Partnership for 1031 Exchange
23 October 2024 | 4 replies
Going forward, what is the best way to structure the partnership so we can 1031 exchange in the future?
Todd Kozak
LLC addresss - update when I move?
25 October 2024 | 4 replies
The PO Box mainly won't get used but in future I plan to use the address with any tenents.
James Wise
Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
11 November 2024 | 65 replies
We do not want to troll people so since it seems like there has been a lot of discourse and viewpoints expressed so we will be closing this thread but will leave it visible for the community to see for future reference.