
29 December 2024 | 13 replies
@Dan Groveyes, go to meetups (real estate or business) and meet people in person and build a networkbut... no offense... i don't think funding an entry fee in second position is a particularly compelling investment

23 December 2024 | 15 replies
You could sell the property at the beginning of the year and buy a property/place that property in service (and do a cost segregation study in the same year).

25 December 2024 | 12 replies
I'm also concerned about the liability that I might be exposed to here by allowing what appears to be a business to operate out of my rental.

10 December 2024 | 13 replies
@Eric Lowe Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

25 December 2024 | 12 replies
RickTreat this like a business.

24 December 2024 | 14 replies
@Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.

26 December 2024 | 2 replies
@Nadia Jones Starting and running a fund is a separate business because it's something that you need to actively market for and regularly work on attracting capital to invest in.

10 December 2024 | 11 replies
They will generate a report to you based on their findings.Type 2 - conducted by an engineering firm where they will have you complete a questionnaire.The questionnaire will ask you details regarding the house and therefore, I would recommend having a home inspection or appraisal at the time of completion.The above two studies have pros / cons and differences in cost and turnaround time.Best of luck.

12 December 2024 | 5 replies
I know I made a lot of mistakes here, and if I could go back would certainly do things differently.Key facts:• no written partnership agreement • In business for 1 year, with 8 total combined clients• 2024 total income $29,500• No shared business property or initial investment.

19 December 2024 | 22 replies
Typically speaking 20% down (80% LTV) is the bare minimum that commercial lending requires. 10% down is unheard of unless you are getting a great deal and negotiate some small seller financing in second position or getting an SBA Loan for acquisition where your business will occupy over 51% of.