Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
Basically almost all the items you mentioned when traveling can be written off to a certain extent.
George Casey
Need a Creative Lender
27 December 2024 | 4 replies
Unfortunately with those numbers it's tough to find a non-bank lender/financial institution that will lend.Usually loan minimums are $50K and the up to 75% LTV on purchase-money/70% LTV on cash-out refinancing, which basically means you need up 25-30% depending on the type of financing.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
16 January 2025 | 18 replies
My logic behind a area to hold is basically is in my zone of knowledge that means close in and in a A-B area .BIG fish can have the whole USA in their zone .Outside of my zone I am thinking flip it there are exceptions like all rules .
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
14 January 2025 | 15 replies
Our Florida mortgage practice was basically shut-down for 4 weeks due to Hurricanes Helene and Milton.
Chris Kay
How to Form First Core Four (BRRRR Team)
30 December 2024 | 20 replies
@Chris Kay to learn to properly DIY manage you have two basic options:1) Trial & fire on your own, hopefully not making a major mistake that costs you tens of thousands of dollars.- Once your time is more impotant to you then the cost of a PMC, you can hire one.2) Hire a PMC to guide you on your first rental and learn from their expertise.- You can buy additional properties and DIY manage those, perhaps leaning on the PMC for any issues you're not sure how to handle on your own.Good luck:)
Wesley Myers
Offering Netflix (or any others) for free??
21 December 2024 | 12 replies
Additionally, we have Samsung Plus, which is a free streaming service that for the most part is comparable to "basic cable", but without the local channels.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
Basically, what these guys did to some of our Real Wealth Network members allegedly is:- GEG showed RWN some of the properties they had renovated and leased out to prove their business model- They told our members via a webinar that they buy, renovate and sell rental properties below market value to investors with 8% cash flow- They said they offer non-recourse financing at 50% LTVIn reality, GEG sold properties that were not always renovated - even if the price point reflected a renovation.
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
One of the REPS cases (I forget which off hand) they were basically like...petitioner states they spent 8 hours on X date supervising painters at the property and we find it highly unlikely that anyone would sit and watch paint dry for 8 hours.
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
If you've only been a commercial agent for 6 months, you are just learning the basics.
Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
I liked real estate so I got licensed, worked on a bunch of different RE strategies, started developing and managed to get myself stretched thin very quickly again, I basically made the pendulum swing way too far and had to consolidate again to find my path.