Abraham Berkowitz
Fix & Flip and BRRR in the Scranton area
6 December 2024 | 12 replies
Practiced as a lawyer and also had various investments.
Joe Si
Invest 5S offering Build-To-Rent in San Antonio
2 December 2024 | 1 reply
This means they will have practically complete control over whom to rent, how much to rent for, and how much to charge for repairs, etc.
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
19 January 2025 | 47 replies
Income, expenses, and distributions are automated and visible to all investors, minimizing the risk of manipulation.This model isn’t for everyone, but it’s a way to give people passive exposure to real estate without the complexity of ownership, while allowing property owners to raise funds without giving up control.Would you see this working in practice?
Nate Astrup
👎All County NEO Property Management - worst PM in Cleveland Ohio
2 December 2024 | 9 replies
I am surprised they have not been sued for illegal business practices.
Sanjay Bhagat
Track record of Syndicate
12 December 2024 | 18 replies
And even the ones that raise more often only do so several times during the year and many times there is nothing available.So even if you had such a list, it is not really useful in deploying money in the real world.A more practical approach is to see which offerings are currently available and simply scan them to see if they match your criteria or not.
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
I have been practicing my deal analysis daily, but it's hard to tell if my numbers are accurate without comps.
Cole Farrell
Starting with a SFR is a mistake - prove me wrong
5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
that didn't make sense to me that if i have my ira with you then you will put who the owner is but if i don't have it with you you wont' put anything.anyways, she def didnt' give me indication that she exactly knew. maybe i had a bad agent and since i was already skeptical of using a small bank, that def turned me off.at chase my account shows that it's a business account under an llc. i am the manger of llc, the only thing that worried me is that they put me as a the owner of llc. this seemed no diff to me that when you go get an ein, it also puts you the owner of llc. if irs itself can have this limitation in getting the ein, then surely they would understand the limitation of the bank. besides, i have a fully complying operating agreement in which i have a clause that explains while irs ein letter shows me as the owner, in reality it is my ira that is owner and that that there are limitations on irs website when obtaining an ein. i will jsut be adding a similar explanation in my operating agreement about bank acct and have all the supporting documentation in case if it's ever needed. but that's where i am at.i wish this process was simpler/ easier. it is also very frustrating that the custodian doesnt' telll you anything. they all market you can have a checkbook ira but don't really guide you in HOW to do it practically. all these rich ppl are doing it and i doubt they are going through all these hoops. ...
Jadan Williams
Need advice on what to do with Up to 200K
9 December 2024 | 16 replies
As you get more familiar and develop best practices, you can then go to new construction.I hope this helps.
Justin Bradbury
In the educational phase, looking for more resources
4 December 2024 | 6 replies
Practice tips include budgeting, saving, and leveraging strengths.