Mary Pastoral
First deal needing major renovation: proceed or terminate the contract?
26 April 2024 | 4 replies
You could look down the empty cavities from the attic!
Account Closed
Residential Multi-House Development Excel Template
26 April 2024 | 2 replies
Or all in and then the value if you are flipping it.
Pradeep Prabakar Ravindran
Sell primary residence or keep as rental
27 April 2024 | 10 replies
if the return on cash-flow and appreciation is less than your required rate of return, you should consider selling it.Selling it now could also allow you to escape some or all of the capital gain through 121 exclusion.
Jeff Schemmel
What questions I'm asking during due-diligence, and why it's OK to walk away.
27 April 2024 | 6 replies
Occasionally, and when I have reason to, I'll ask some or all of these questions before offering.
Yinan Q.
Two LLCs own one property?
27 April 2024 | 19 replies
The co-ownership may not [...] conduct business under a common name, execute an agreement identifying any or all of the co-owners as partners, shareholders, or members of a business entity, or otherwise hold itself out as a partnership or other form of business entity (nor may the co-owners hold themselves out as partners, shareholders, or members of a business entity).Hoping to use TIC as a legal way to pool funds without getting into the web of SEC regulations and attempt to keep tax reporting clean.
Matt Norris
Using HELOC/HEL for some or all of purchase
24 April 2024 | 6 replies
Currently in Nashville, TN, with a primary residence and a SFH rental with strong cash flow. Currently looking to add another rental property. We have flirted with the idea of section 8 tenants, but are leaning toward...
Summer Dechanukul
I did a mistake by 100% trust the realtor and end up with a nightmare
30 April 2024 | 101 replies
There is potential that you can finish the job, rent out, and recoup some or all of your investment in the future.
Kai Sato-Franks
Dave Ramsey recommends buying everything with cash!
30 April 2024 | 140 replies
I have listened to some of Dave Ramsey and it seems like his aversion to having a mortgage and real estate investing is because he once had a lot (or all) of his investment mortgages called at once causing him to go bankrupt.
Michael Calvey
What’s keeping you from investing in real estate right now?
26 April 2024 | 45 replies
When houses do come on the market, they easily sell for at least $80-$100k over ask or all cash with full waivers of inspection and appraisal.
P. Kaye M.
Will I qualify for a 1031 exchange?
22 April 2024 | 4 replies
., If you end up having to recapture depreciation you'll either have to recapture all that you took - or all that you could have taken!!!