Lotus Eli
Need Advice for Helping a Struggling Mentee
14 October 2024 | 6 replies
By "positioned" I mean - ready to pull the trigger when the right deal comes along.
Bryan Liu
Need advice on financing rehab for investment property
16 October 2024 | 9 replies
Depending on which brokerage you use, you could possibly borrower against your securities holdings with a line of credit (similar to a margin loan) if it's not a retirement account. 30-35% of the balance would likely be within reach, but make sure you FULLY understand margin calls and when they would trigger.
Ari Lagunas
First Time Investment Property Strategy - San Diego
16 October 2024 | 13 replies
I am not going to split hairs on whether an insurance policy is your asset or another’s asset but it is not the subject property.
Jonathan Bock
I need that structure.... the fascination with entity
12 October 2024 | 7 replies
But I can still use an FHA loan and then transfer the property for $1 to obtain maximum protections of an LLC with maximum leverage.They are told this can trigger due on sale clause and will still will be paying transfer taxes based on the properties assessed value + deed prep, recording and misc. title expenses.
James Wesley
Hot Tub Management - Complete drain and refills after guests
9 October 2024 | 28 replies
This removes any leftover soap, oils, hairs, etc.2.
David Zimmer
Cleaning costs and pet fees
8 October 2024 | 12 replies
I let them know I would expect a refund if a guest complains about dog hair or something else pet related.
David Cianci
Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
Particularly when it comes to residential properties, most lenders would rather lend to people than LLCs.Transfer of Property: Your mortgage's due-on-sale clause may be triggered if you subsequently decide to transfer a property that you now own in your name to an LLC.
Brandon Gale
How do you handle unreasonable reviews?
18 October 2024 | 29 replies
If they indicate they will leave a positive review, the survey will direct them to the proper OTA to leave that positive review.If they indicate they will leave less than a 5-star review, trigger an email to the host/assistant for immediate follow-up.
Lisa Broderick
Has anyone done or heard about Glenn and Amber Schworm's mentorship program?
18 October 2024 | 37 replies
Use your $40,000 to buy your way in, learn from some grey-haired guy or gal while on the job, and make a profit.
Art Webb
IRA to Roth IRA Conversion Strategy - Is this a sound strategy ?
11 October 2024 | 2 replies
However, it's important to note that using leverage in an IRA can trigger Unrelated Business Income Tax (UBIT), and there are strict IRS rules to follow to avoid prohibited transactions.