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6 February 2025 | 42 replies
Please feel free to reach out if you have any questions.
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21 January 2025 | 14 replies
Our state licensing department provides the list of licensees for free upon request.
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21 January 2025 | 27 replies
Offer discounts for applying in a short time period or- offer a free application fee.
4 January 2025 | 5 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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1 February 2025 | 51 replies
That's tax-free money, but your rents need to be able to support the new mortgage payment.
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22 January 2025 | 22 replies
The calculation involves:Selling Price: $1,075,000Original Purchase Price: $355,000Depreciation Recapture: $105,300 (taxed at 25%)Capital Gains: Sale price minus original cost, minus depreciation, minus selling costs (~15-20% federal capital gains rate for their income bracket).State Taxes: Since the property is in California, state capital gains taxes will also apply.Given the multiple layers, I’d highly recommend your parents work with both a CPA experienced in real estate and a qualified intermediary for the 1031 if they choose that route.If you need recommendations for professionals in Illinois or California, feel free to ask!
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9 January 2025 | 13 replies
The ads probably relate to a well known GURU on YouTube who convinces people to spend $12,000 to join his "community" and to send him leads.
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17 January 2025 | 22 replies
@Martti Eckert I live in Los Angeles and have done a handful of BRRRRs in Missouri so feel free to reach out with any lending related questions to pulling off BRRRRs in Ohio.
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14 January 2025 | 329 replies
Why pay rent when your landlord gives you free housing, free maintenance team, free mortgage, free electricity, free water, free trash?