Caleb Johnson
Hard Money Lending Questions
20 December 2024 | 14 replies
That's pretty industry standard.
David Mile
WHAT IS A 1031 EXCHANGE AND HOW DOES IT WORK?
16 December 2024 | 2 replies
These are the different properties that are included in the 1031 exchange requirement: commercial buildings such as offices, schools and different establishments that are important for the population, as well as single family rentals, multi family rentals, industrial facilities, and even raw lands are included in the like-kind.
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
I have been using Quickbooks online for years and love that it's the industry standard and robust software.
Jonathan Greene
What are your real estate investing goals for 2025?
30 December 2024 | 103 replies
Quote from @Abass Aden: I’m relatively new to the real estate industry, having recently shifted my focus to wholesaling.
LaTonya Clark
Lender- 40 year loans
25 December 2024 | 30 replies
While less than 10% of the mortgage industry offers 40-year mortgages, here's something to factor in: they often come in with a rate increase of 20-35 bps.Assume 35 bps.$300k mortgage at 7.25% (30-year): $2,046$300k mortgage at 7.6% (40-year): $1,996Technically, it lowers the monthly, but not by much once factoring in the rate adjustment.
Lorraine Hadden
Who Is On Your Real Estate Dream Team?
8 December 2024 | 0 replies
Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.
Shan Randall
New member - open to networking
12 December 2024 | 6 replies
(high five) I work from home in the Tech industry as a software Product Manager.
Robert Ok
Does This 2015 Book Still Have Current Info (The Book on Rental Property Investing)
16 December 2024 | 5 replies
Real estate is a very capital intensive industry and if you do not have the money the odds of success are very low - it is no different than starting any other business - how many people do you know are successful when they start with zero?
Catherine Javier
Keep, refinance or sell?
18 December 2024 | 15 replies
The first thing to know is that the 1031 Exchange Qualified Intermediary industry has no licensing or regulatory body.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 replies
Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.