Jason Malabute
HAVE YOU INVESTED WITH BAM CAPITAL?
3 January 2025 | 42 replies
Barrett and teams leadership.
Kris Lou
PM Fees in Indy
30 January 2025 | 6 replies
Because we are vertically integrated, we can streamline operations and avoid many unnecessary costs, ultimately saving our clients money.Another crucial factor to consider is the experience and investment mindset of your PM team.
Jessica Young
HOA votes to bylaws change bans smoking but a renters' lease
29 January 2025 | 5 replies
great advice provided - what I will add to this is if you have smokers and its not allowed I would offer to allow them out of the lease with no penalty.
Michael Almand
Paying a contractor for a scope of work
28 January 2025 | 9 replies
@Michael Almand, for a full line-by-line breakdown and scope of work, my preferred contractor will charge about $250 to walk the property but will credit it back if he and his team are given the job.
Alex Woolums
Howdy, blue collar to investor.
20 January 2025 | 12 replies
Been doing my homework and looking around to team up with some excellent individuals and create a working system.
Joshua Simmons
Introduction to myself
20 January 2025 | 8 replies
My wife and I are a team in our business too.
Cameron K.
Philadelphia 2024 - Top Hard Money Lenders
27 January 2025 | 8 replies
I've had smooth loans close with Kiavi and I've had rough ones, same with Roc.When Loans start to be troublesome:1) The borrowing entity docs are a mess2) The appraisal numbers are lower than expected3) Messy background reports4) Loans happening in an environment where market/rate fluctuating unpredictably 5) Your loan officer and their team are poor at their job6) Title issues that depend on county docs, that can be slow and painfulThere's more but it's Friday and I'm tired....
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
Kyle,Before you do this call your lender or who ever is serviing the mortgage and find out if they allow a transition into an LLC or if they have a "Due on Sale Clause".
Tyler Schumaker
Brand new and looking to network
22 January 2025 | 3 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.