Account Closed
What happens to you if (when) the market crashes?
28 June 2018 | 26 replies
The real estate market is closer to the top than the bottom, yes, so expect tough times ahead.
Troy Schwamberger
What is a a good "rule of thumb" profit margin to shoot for?
27 June 2018 | 11 replies
That's like asking, "what is the best kind of vehicle to buy if I had...
Austin Works
Experience with low income rentals?
5 July 2018 | 8 replies
I do have a few rentals and have flipped a few houses, but I should be far ahead of where I am by now.
Ari Bachrach
What sort of paperwork do I need to generate for a flip
29 June 2018 | 8 replies
(On the plus side, by thinking of this ahead of time I won't be rushing in April)@Ashish Acharya thanks for the tip on S corp taxation.
Dan Cournoyer
Will This Creative Lending Plan Work?
27 June 2018 | 1 reply
Definitely helped me get a head start in the rental real estate world.
Jamie Engledow
Minor Purchase Tax Lien Certificate FL
28 June 2018 | 3 replies
On a side note, I think once you look at the actual results of our local tax certificate sales, you’ll look for a different investment vehicle. 90% or so of the certificates went for a rate of 0.25%.
Phil Morgan
Buying the entity instead of the property for tax reasons?
3 July 2018 | 2 replies
When they do, all the back taxes will be due (and possibly interest with penalties).Even if you go ahead and do it (I would not), I would plan on the higher property taxes eventually when doing my underwriting.
Kristy McCoy
Landlord needs to break the lease before the tenants move in.
4 July 2018 | 12 replies
I NEVER, EVER sign a lease ahead of time, just to prevent monkey business like this.
Luke Kwon
If u can start REI in any community in the US, where would it be?
22 July 2018 | 14 replies
Luke Kwon Congrats to your decision on wanting to focus on real estate as a vehicle to reach more financial liberty and thus freedom of choice.
Travis Wagner
New member looking for lender advice
6 July 2018 | 4 replies
You may want to get a renovation loan (something like hard money) to get the property renovated and then refinancing that into a longer term vehicle 6 months down the line.