
5 November 2024 | 11 replies
As mentioned if the holding company is not solely holding or owning assets together funneling monies as a loan would further complicate if there is a default but also cause you to file extra tax returns = $...Yes you are taxed on interest income or any money that you make, does not matter how you structure it, what comes into play is not how much your taxed but how much you pay someone to figure out for you how much you need to pay and each layer is an added cost.

2 November 2024 | 11 replies
I would suggest playing the long game, though, instead of focusing on quitting your job.

4 November 2024 | 10 replies
Trying to save money by foregoing insurance is playing russian roulette.

4 November 2024 | 1 reply
You're not in this game for a year with the buy and hold strategy.

11 November 2024 | 65 replies
James Wise called you out on ties/ownership in this PM entity, and you played word-salad games trying to pretend had no connections to it.
5 November 2024 | 34 replies
Hey Account Closed - Check out your competition with furnished finder that is where a lot of Medium Turn rentals list their properties.I have a MTR in Chicago that has been decently successful...whatever I have found throughout my entire life and investing career is it is never one property/deal that is a grand slam...Rather, the grand slam is done by hitting many singles and using systems and processes to scale your operation; the combination of scaling and experience in a niche of real estate allows you to hit unlimited grand slams because, unlike baseball, real estate is NOT a zero-sum game.

4 November 2024 | 7 replies
If you're getting back into the lending game for long-term hold investors, a realistic “ideal” loan might look like this:Rates: Somewhere around 6-8% interest, depending on the risk profile of the borrower and the property.LTV: 70-80% LTV is solid, especially if you're aiming for lower risk.Term: 5-10 years works for LTR investors who want stability.Fees: Reasonable origination fee (1-2%) is expected, but avoid nickel-and-diming borrowers with hidden fees.Prepayment: A soft prepayment penalty could be fair if paid off in the first couple of years, but after that, no penalties.Speed: Being able to close quickly (within a couple of weeks) would be a huge plus.In short, give investors a competitive rate, decent terms, and flexibility on prepayment, and you’re golden.

5 November 2024 | 6 replies
Single-family home prices and rents are primarily driven by supply and demand dynamics, with interest rates playing a crucial role.Supply:Existing homes for sale have hit a near 30-year low.

3 November 2024 | 3 replies
Hey I am fairly new to the real estate investing game and want to see if anyone has a REI meet up or zoom meeting going for the Birmingham, Al area?

3 November 2024 | 7 replies
You'll see the usage drop significantly once they start to play for it.Get three quotes from HVAC companies, and if you don't have any I would ask contractors and realtors for referralsGino