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16 April 2019 | 28 replies
You have to create efficient and intelligent systems to handle all aspects of wholesaling properties.
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3 April 2019 | 13 replies
In effect, you’re artificially boosting the cash flow of other properties because they have less debt service eating into their cash flows, and from what you've said you're not taking that into account.
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3 April 2019 | 4 replies
Can that person who answered arrange a showing and intelligently talk about the property I'm asking about?
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8 April 2019 | 25 replies
I'm pretty sure it's the last one, many of the worlds most intelligent people go to crypto.
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8 April 2019 | 12 replies
These end-buyers were reasonably intelligent smart people, so it's not on them that I had to explain the same thing 20x, it's because it was so wonky and weird.
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9 April 2019 | 6 replies
Net worth to cosign with is another.Lacking that, (as you said, run them) offering property management might work for some.But for some that will not work if the lender requires an experienced property manager in order to make the loan.Skills:Some of the things you should understand: 1. underwriting for large complexes to know what's a good deal and if you want to participate in the deal risk wise, 2. how partnership splits are handled accounting wise so you know what you and they are getting; and 3. how the IRS looks at transactions and income from group investments so you know what you're getting into and can make intelligent decisions from a tax standpoint.
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6 April 2019 | 9 replies
If it was his only seller finance and the property was owned in his own personal name and not a corporate or other artificial entity, then Dodd Frank does not apply.
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13 April 2019 | 13 replies
If a person isnt willing to put in the effort to ask an intelligent question whats the point in putting together a very well thought out response like the one you made
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10 April 2019 | 76 replies
Why should there be an artificial "vacancy hit" when we have the REAL impact of vacancy right there on the tax returns?
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10 April 2019 | 4 replies
For the purpose of the questions, if the purchase price of the park is $1M and current assessed land value is $1M (despite the fact we know many assessments are artificially high the for tax gains of the municipality and do not reflect the true market value), I guess I'm essentially asking if / how I create a case to lower the value of the land and apportion the balance to "infrastructure", and thus gain a depreciable basis from day one (or am I dreaming)?