Philip Jones
Refi LENDERS in BRRRR
18 November 2024 | 16 replies
I am wondering who has done the BRRRR method as an investor and what institutions are investor friends for multiple BRRRS.
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
Participation trophy culture runs rampant next to abject fragility as a guise to avoid responsibility and ownership.
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies
Quote from @David Cherkowsky: Material Participation: Material participation is the key factor here.
David O Smith
Rehab Loans ?
20 November 2024 | 10 replies
It will be hard with a more institutional lender like us to get down below $100K on a loan amount.
Julio Gonzalez
Real Estate Grants
19 November 2024 | 6 replies
There will be a consultation and assessment to determine your business goals, strategies, etc.Research to identify the grants that are most aligned with your goals and strategies.Preparation of documents using a checklist to simplify the process.Application submission.Follow up with you, the client for clear compliance and reporting expectations once a grant has been awarded to you.Here are a few resources for accessing grant funding:Grants.govUSA.gov/GrantsNational Institute of HealthSmall Business Administration - GrantsHave you utilized grants in your real estate portfolio?
Brian J Allen
The Dunning-Kruger Effect in Real Estate Investing
20 November 2024 | 4 replies
It's part of participation trophy society where people get socially rewarded for just being in the game, but that shouldn't apply to real estate.
Andrew Fidler
Anyone else having problems with LMHA Section 8 in Toledo???
22 November 2024 | 9 replies
I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.
Cody Weiss
Blockchain & Real Estate
15 November 2024 | 25 replies
But the tech isnt ready, custody isnt ready really, secondary markets arent ready, and i think this all needs to come from institutional down.
Scott Trench
REPS And Active Losses and Gains
16 November 2024 | 21 replies
But you don't qualify for material participation if you are a passive investor in a syndication.
Dongzi Wu
Outstanding Real Estate Solutions Scam (ORES)
28 November 2024 | 184 replies
‘Queen of Mobile Homes’ Owes SEC Nearly $14 Million, Court SaysThe SEC**** is entitled to a default judgment against a Texas woman who allegedly ran a mobile home investment scam, a federal court said in ordering almost $14 million in disgorgement, interest, and penalties******Chimene Van***** Gundy is also subject to injunctions prohibiting her participation in the offer or sale of securities, Judge Fred Biery said in the order docketed Thursday in the US District Court for the Western District of Texas.The Securities and Exchange Commission *****alleged that Van Gundy, who marketed herself as “the Queen of Mobile Homes,” ran an $18.5 million Ponzi scheme, using the investors’ money ...Looks like Chimene owes them a lot of money, but where is ours!