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Results (10,000+)
Tyler Humphrey College Student Starting a Real Estate Journey with Upcoming 18-Month Job Rotation
31 October 2024 | 5 replies
For 18 months, my company will have me rotating between Houston, TX; Midland, TX; Oklahoma City, OK; and Pittsburgh, PA, covering both my housing and car expenses.Goals & Investment Strategy:My goal is to save aggressively over this period to build a strong financial foundation for real estate investing.
Steve Schmidt Advice Needed on Selling Note Partial
1 November 2024 | 19 replies
I know there are some people out there who do this and put an assignment in place to be recorded if the loan defaults.As with so many things in REI, there are multiple ways to skin the cat, and it has a lot to do with your level of risk and your partial investor's level of risk.I do teach a 4 hour live class on this. 
David B. Does satisfying the first mortgage clear out the 2nd LIEN?
28 October 2024 | 8 replies
if the second is recorded before the HOA lien then I dont think it gets wiped out.. but these are state specific.. title company should be able to tell you .. just open up an order and you will see what still survives the sale.
Tessa Booth Delving Deep Down Duplex Discovery
29 October 2024 | 1 reply
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Amy Falson Illinois Newbie Introduction
31 October 2024 | 11 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Julio Gonzalez Cost Segregation Study on Small Residential Condo
29 October 2024 | 0 replies
Assets identified in this study include:Bathroom Fixtures: Bathtubs, vanities, showers and toiletsStructural Components: Drywall, wood framing and interior partitionsBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileSmoke detectorsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Joseph Henry To rent or to sell
31 October 2024 | 8 replies
I own 52 units of California real estate, and it's the best thing I've ever done financially, but owning the right assets is absolutely imperative, and it's difficult to do.
Janet Behm $500 Daily Fine for Corporation, LLC, & HOA
28 October 2024 | 0 replies
Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’
Noah Applegate First flip, meth contaminated
30 October 2024 | 6 replies
This was not disclosed to me before the purchase and now I'm finding myself in a situation that could end in serious financial harm to myself. 
Tyler Bailey To Sell or not to sell *Looking for Recommendations*
31 October 2024 | 9 replies
Hello @Tyler Bailey,The decision to sell depends on how the property has performed in relation to the requirements for an income enabling financial freedom.