Spencer Ware
Retired NFL Player 2x SB Champ
13 January 2025 | 14 replies
This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).
Julio Gonzalez
Cost Segregation Study Approaches Explained
31 December 2024 | 0 replies
This is an alternative approach for newly constructed buildings.RESIDUAL ESTIMATION APPROACHThis approach determines the cost of short-lived assets, such as 5 or 7 year property and subtracts them from the total project cost.
Chris Kittle
Wyoming LLC Set-Up and Recommendations
30 December 2024 | 10 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
This also allows for property owners to more easily write-off assets that get damaged/destroyed as the value of these assets is determined as part of the study.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
Many real estate investors opt for a fix-and-flip loan because they’re relatively easy to obtain: no personal income verification (no DTI requirements), and you can often borrow up to 90% of the purchase price and 100% of the rehab costs.
Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
Low appreciation may make the RoI from these assets low over long term, though they will cash flow on day 1.
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
12 January 2025 | 0 replies
While this is a great and highly motivating goal, most people are either clueless or incorrect in their belief as to what is required to obtain this “lifestyle”.Understanding of the “how to” get there is further obscured by the misleading, and often patently false “pathways” sold by real estate educational MARKETING companies as workshops, upsold to association memberships, upsold to mentorships.
Nina Erlandson
Has anyone used Obie Insurance?
11 January 2025 | 54 replies
From it I have obtained the name of another competitive insurer to add to my arsenal.I have not used Opie, but after reading the posts here, I went online and obtained a quote for one SFH rental.
AJ Wong
Property Insurance crisis will supercharge climate migration in 2025 and beyond
11 January 2025 | 2 replies
Now I question if I will be able to obtain fire insurance.
MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
Credit (loans) become much more difficult to obtain and if available you pay a MUCH higher interest rate with a much higher down payment requirement2.