Account Closed
How to best position my personal finances for investing?
11 November 2014 | 32 replies
The author referenced someone who grew very fast and then collapsed very fast.
Lloyd Segal
Economic Update (Monday, November 23, 2020)
24 November 2020 | 4 replies
From February (pre-pandemic) to the bottom in May, sales collapsed 32.1%, as lockdown measures and widespread economic uncertainty took hold across the country.
Jonathan M.
Shipping Container Home Multifamily Idea
14 April 2021 | 15 replies
You can also rest assured that it will never collapse during an earthquake.
Michelle Romano
Recommendations where to buy kitchen cabinets
6 August 2017 | 25 replies
I had the carpenter reinforce the corners and build a frame under the sink base so it wouldn't collapse when tenants put stuff in it.I installed RTA in my own kitchen several years ago.
Emily Refi
looking for real-estate savvy CPA in Portland, OR area
27 August 2018 | 13 replies
In the IRS lingo, it is called a "prohibited transaction" and can cause a collapse of your entire IRA.You may "borrow" your IRA funds for 60 days (there're rules to follow), but 2 months are usually two short to finish the rehab and sell the property - assuming it is a flip.
Chris Fusco
Insurance claim & Taxes
29 March 2023 | 3 replies
Here's the situation:- Had a pipe freeze during a cold snap, led to fairly extensive damage during the thaw (ceiling collapsed in 3 rooms)- Filed insurance claim, was covered- Have a contractor that wants me to buy 3 other properties from him, so he fixed it for me at cost- Deductible is $5K- Actually ended up making money somehowMath: - Cost from contractor $22K - Cost insurance came back with $29K - Deductible $5k - So I actually made $2k ( 29 - 5 = 24 [check] ; contractor cost 22)My question is how to handle on taxes?
Mohammad Nur
Sagging top floor of a duplex. Potential deal breaker or not ?
29 July 2019 | 21 replies
On the flip side, every floor that ever collapsed, was a sagging floor before it collapsed!
Matt W.
Questions to ask syndicators to prove they are not running a Ponzi scheme?
20 December 2023 | 11 replies
Here's what I personally do:1) If there is an audit, that's not a 100% guarantee but it means they at least had to jump through a lot more hoops than a non-audited sponsor (and I feel reduces the chance of fraud by a lot). 2) Most Ponzi schemes prosper during bubbles and collapse during recessions.
Eddie Ziv
Appreciation VS. Cash flow - The clash of the titans....
15 June 2010 | 341 replies
Almost nobody saw the Lehman Brothers collapse coming, and how it touched off a domino effect with the values of real estate and the stock market crushed almost across the board...
Wendell De Guzman
Housing Prices To Collapse Now That The Feds Increased Rates?
2 January 2016 | 23 replies
Most likely the price will NOT collapse (just want to get your attention) but I wonder if housing prices will go down now that Feds started increasing interest rates.