Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
Tax shelter schemes, partnerships with foreign partners and accounts, partnerships with hundreds of members, returns with blatant mistakes, entities in questionable businesses, like gambling, drugs, online video sales, escort services.
Alex Woolums
Howdy, blue collar to investor.
20 January 2025 | 12 replies
Use your skills to network with local investors and professionals by attending meetups in the Conroe and Houston area, joining online forums, and connecting with property managers or realtors.
Scott Johnson
Scammed by "Estate Legal"
31 January 2025 | 20 replies
Quote from @Christopher Johnson: @Scott Trench - FALSE - DECEPTIVE POST - It's sad people resort to this online bullying, invasion of privacy, attacking our staff, and clearly attempts to blackmail us for $.
John Lasher
Coaching for multifamily?
31 January 2025 | 24 replies
@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure, I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.
Robert Frazier
$35k reasons you should always use experienced agents for real estate purchases.
27 January 2025 | 2 replies
Yes, there's a lot of information online, but nothing replaces and EXPERIENCED honorable agent.A seller whose listing expired with a different agent/firm is now my client; the other agent was from a town 45 minutes away from the flip property....the listing expired.
Cosmo DePinto
Has anyone used Anderson Advisors?
27 January 2025 | 10 replies
The forms are online, and it costs $100 per filing.
Avery Oblepias
Section 8 Tom Cruz
10 January 2025 | 22 replies
It's the basic formula for selling an online course that teaches you nothing you cannot learn on your own.
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.
Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
Definitely join your local chapter of REIA (real estate investors association) or join one of the ones that are fully online (Columbus and Cincinnati).
Mila F.
Tenants trailing landlord during inspections
29 January 2025 | 8 replies
They are highly secretive however - no online presence under their names while being very tech-advanced, they also installed like seven cameras around the house perimeter.