
27 January 2025 | 6 replies
For govvy loans, the Due on Sale clause will be available to your note holder - having an LLC take title to the deed (most commonly via a quit claim) will expose you to this clause.

28 January 2025 | 2 replies
The policy was $2200/year ($1.1M Bldg coverage and $1M Business liability coverage in this apartment LLC) and I haven't had a single claim in my past 5 year history.

10 February 2025 | 24 replies
Cameron Dunlap claims to have studied with Carlton Sheets and claims to be offering transactional funding for wholesale deals.

27 January 2025 | 6 replies
For a rental property, the gain is subject to capital gains tax (15-20%) and depreciation recapture tax (up to 25%) on any depreciation claimed, unless the proceeds are reinvested.To minimize taxes, consider reinvesting the sale and insurance proceeds into another property under §1033 or converting the property to a rental before selling to claim depreciation deductions.This post does not create a CPA-Client relationship.

18 February 2025 | 148 replies
Sure, I invested 5K into the Radd Reit, They claimed that the share price would be adjusted semi annually.

28 January 2025 | 5 replies
They claim that their clients are seeing a large return on their investment but would love to hear from somoene who has actually worked with them.

15 February 2025 | 21 replies
Some people think it's easy and claim it only takes them a couple of hours a week, some people wouldn't touch it with a 6-ft pole.)Now let's look at the acquisition cost or capital cost: if you buy the $500k house with a mortgage with a 20% down payment, your monthly payment will be about $2700.

6 February 2025 | 28 replies
The city is claiming my 4 unit is really a 3 unit.

23 January 2025 | 20 replies
Most of the time, people who have never even made an offer end up with 2-3 submitted LOIs in the first 1-2 weeks, and we celebrate small victories like that to build momentum and confidence.

26 January 2025 | 5 replies
If not, I most definitely would reach out to the tenant, introduce myself and ask if they are going to be out by the 31st or the 1st, I would communicate to the tenant as if I know they were told they are expected to leave, otherwise you may find they "do not know" they need to leave even if they actually know they need to leave....In the case they claim they are not aware they need to leave, you would need to follow the laws in the state you purchased the property, usually you can find that info on the states judicial branch or speak with a landlord tenant attorney.