
16 January 2025 | 19 replies
What an investor gives up though is tax bene's and the chance ( well at least proforma wise) that you bought at X cap rate and can sell at Y cap rate and there is a big profit that is added on to your returns.

6 January 2025 | 5 replies
The majority is RE agents & associates desperate for business, predatory and awful.

7 January 2025 | 5 replies
I found this article that allows Fannie Mae and Freddie Mac loans to move the loan to an LLC: https://servicing-guide.fanniemae.com/THE-SERVICING-GUIDE/Pa...as long as I am the majority owner in the LLC.

7 January 2025 | 0 replies
83k profit Lessons learned?

7 January 2025 | 7 replies
Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.

7 January 2025 | 7 replies
I put a lot of time into listing and title, so likely good there.For amenties, I do have some of the major ones referenced - hot tub, Wifi, and stocked kitchen.

10 January 2025 | 16 replies
.- It's very difficult to argue about travel being a business expense if you're just going to look at properties, I would argue against it in a majority of cases.- Depends on what you're doing specifically, but usually I'd recommend getting an EIN at least to give access to business bank accounts- Repeating #1, if you're going to a property and 100% of your time is spent doing renovations and the like, sure, but if any of it is for personal benefit, that'd be disallowed.

11 January 2025 | 420 replies
And THAT is the major point of the discussion.

9 January 2025 | 16 replies
As a broker, I "buy" a mortgage at a discount from a direct wholesale lender, then mark it up and "sell" it to my client to make a profit.

7 January 2025 | 5 replies
If I add up all the lender fees and my holding costs—like points, origination fees, and interest —I can figure out how much profit I’ll make and what my maximum offer should be.