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Results (10,000+)
Bao Vu Question regarding Tax on a Flip
12 December 2024 | 10 replies
@Bao Vu The purchase price and related expenses from 2023 should be included in the cost basis for the flip sold in 2024, reducing your taxable gain.
Kevin Oh Shopping around for better rates
18 December 2024 | 12 replies
Two sides of course, as a home buyer you need to do what's best for you and if anyone (us included) can't give you that then we would be the first to tell you. 
Anthony Hillman Nice to meet you all
14 December 2024 | 2 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Keaton Sheffert First Time Attempting to Re-zone Land - Advice Needed
14 December 2024 | 13 replies
Common examples include difficult grading, or an irregular lot orientation. 
Dina Schmid Is a Loft a Bedroom?
18 December 2024 | 13 replies
I personally would have to have one of the windows replaced before I'd feel comfortable renting it, but that's just me and based on personal experience including a traumatic one from childhood in watching the apartment building next to ours burn in the middle of the night.
Bob Avery New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 8 replies
I have included snippets of your message and my replies or comments in bold.What investor meetups I should attend- BP rules prevent posting outside events/meetups here.
Nathan Gesner Real Estate Syndications: Who's Taken the Leap and How Did It Pay Off?
17 December 2024 | 36 replies
The key rules are as follows:1) Syndicator MUST have significant skin in the game, including 10% of the money raised in the first deal, 8% of the second, and 3% of the third2) The only fees allowed are 5% of revenue for property / asset management, which is enough to put food on the table, but not incentivize people to just buy, buy, buy3) The only compensation is 20% of the profit (less on the first 2 deals)4) Rapid acquisition is not allowed. 5% Is minus all operating cost correct ? 
Rick Albert Water Submetering in Los Angeles with ADU
12 December 2024 | 17 replies
Including the full cost of water in the rent will make the unit harder to rent.  
Bob Beach Seller Financing. Good idea?
19 December 2024 | 13 replies
Make sure the agreement includes a significant down payment, an interest rate that compensates for the risk, and clear terms about late payments or default.
Saul Clavijo Multi family investing
16 December 2024 | 8 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.