
17 May 2024 | 3 replies
It's good to meet another born and raised Chicagoan in the forums.I've found that the best thing is to stick to what you know, in terms of the areas and the types of projects you work on.

19 May 2024 | 17 replies
One recently raised $150k for a flip and the investor got 33% profit split.

17 May 2024 | 9 replies
Both sales and rent compsNot raising enough reserves.

17 May 2024 | 2 replies
It's true that Stessa, as a free service, might raise some eyebrows.

14 May 2024 | 1 reply
Anyone remember the podcast from a couple of years ago where the guest talked about how he goes about raising rents when he inherits tenants who are paying well below market valueHe talked about making up a folder of his expenses as well rental comps and meeting with the tenants and having a two-way conversation about where to set the rent.

16 May 2024 | 5 replies
If you are looking to raise money from RIA’s and registered reps you will need to have one of these reports.

16 May 2024 | 8 replies
Depending on how big this unit is, I would probably bite the bullet and pay for the relocation, then add a washer/dryer and raise the rent by some amount to cover the cost.

15 May 2024 | 10 replies
Skills, tools, subs, muscle you have to complete fast on paper.Architectural plans with elevations.Plat map, drawing where house goes, title report, gas lines, cost breakdowns, temporary power...Reports of existing utilities.Notes on conversation with planning desk on time frame.Combining the two loan types can be done, you need to be a great secretarial story teller on paper.

16 May 2024 | 13 replies
The MIL has owned the property for 4 years and there is no mortgage (purchased in cash by her grandson; I raise this to you in case there are capital gains implications for MIL and DIL when the latter sells).

20 May 2024 | 28 replies
Just wanted to thank everyone again for the help.I can't say I fully understand all the issues raised, but it sounds like the bottom line is that there is no way to move the asset out of the s-corp without triggering a capital gain liability.Interestingly, the thinking required by me to address your comments made me realize that I am not depreciating this asset.