Andrea Davis-Tarantino
Newbie over here!
28 November 2024 | 10 replies
You could pay them a flat interest rate on the funds they contribute, similar to a private lender, or offer a percentage of the profits to align their success with yours.
Nathan M kiefer
400k bonus - tax mitigation
26 November 2024 | 13 replies
Might be doable if you combine it with contribution to 401k, IRA, HSA, etc.
Tika Sanyasi
When Buying A Condo what to ask? (Need Advice)
2 December 2024 | 4 replies
You are required to contribute towards these improvements.2.
Kyler Berry
Land development in Mapleton/springville
2 December 2024 | 7 replies
It’s a good idea to review local real estate development compensation norms or even consult with a lawyer to ensure the deal is fair.In your uncle’s case, the terms seem fairly favorable to the engineer if he is only handling the development and not contributing any capital.
Cole Bossert
Starting Out Investing While Finishing College
4 December 2024 | 6 replies
To avoid these, create an operating agreement outlining roles, responsibilities, financial contributions, and handling disagreements.
Roger Mace
How to Know if You Have a Good Private Money Broker
30 November 2024 | 0 replies
By fostering a collaborative relationship built on trust and transparency, brokers empower investors to navigate the complexities of real estate financing, ultimately contributing to their success in the competitive real estate market.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
I would need to figure out the building and land, mortgages, contributions, improvements and such.
Tom T.
End Game Strategy
27 November 2024 | 8 replies
Couldn't contribute to ROTH IRA in year of sale if sale this year.
Dennis Tidwell
BUILT TO RENT: New Modern Home in Downtown Griffin, GA
30 November 2024 | 1 reply
The tornado that hit last year destroyed around 50 homes, contributing to the area’s high vacancy rate.
Gavin Wynn
Utilities billing for duplex
30 November 2024 | 4 replies
Here’s what I do with my rentals:I either have tenants split the utility bills or include a clause in the lease that states if the gas or water bill exceeds a specific amount ($X), the tenant will be responsible for the overage, provided there are no leaks or other infrastructure issues contributing to the high usage.To determine this $X amount:Water: I take the highest water bill I’ve had over the past year (excluding periods where leaks occurred) and add about $15 to account for small fluctuations or potential increases.Gas: For gas, I calculate the median bill during the winter (when usage is highest) and the median bill in the summer (when usage is typically lowest).