Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
This destroys the credit of the original owner who can then sue the subto buyer.Another issue is if the subto seller claims they were taken advantage of by the subto buyer at a vulnerable time (pre-foreclosure) and an attorney or regulator raises the question of equity skimming.
James Brazil
4 Acre hobby farm for young family.
7 January 2025 | 1 reply
Exactly 1 year later my first tenant moved his family in where his kids and dog can play in the massive yard while raising 2 cows in the barn.
Praveen Kumar
Rent to retirement
1 February 2025 | 9 replies
They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.
Nirek Rao
Attorney specializing in immigration + business + tax laws
1 January 2025 | 1 reply
Hi Everyone,I am looking to get started with doing rental arbitrage with my cousin who is a Green Card holder, however, I am on a H1B Visa which restricts my ability to earn income "actively".
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
Novo also integrates well with various business tools, which might streamline your operations.Business Credit Cards: If you’re looking for a solid credit card option, Capital One Spark Cash Plus offers unlimited 2% cashback and no foreign transaction fees.
Sean Gallagher
Taking over an existing lease with addendums, RBP, BPP.
4 January 2025 | 11 replies
I'd rather simplify the lease and then raise then rent at lease renewal.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
I wasn’t late on one credit card payment.
Patrick Russell
Debt pay down with 401k
30 December 2024 | 2 replies
You can also send payments to credit card whenever you have spare money.
Keith Groshans
Keep Idle Cash Working in SDIRA
15 January 2025 | 8 replies
If you do the math, since your borrower is paying interest on interest, it raises your effective interest rate by about a point.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
You would essentially be working 50-60 hour weeks when combining with your full-time job and the real estate to qualify.If you have a detailed and accurate hours log, it is possible but just note that it may raise scrutiny by the IRS.