David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
Here are the terms:• 12-month term• 17%Interest(Annual)• Quarterly interest payments• Securedbyequity(not real estate-based) • $250k minimum investment• First-come basisFeel free to book a short 10-15-minute call if you're interested in learning more.Marco SantarelliPartner, Money Is MastermindBook a 15-Minute Call With Me Here----~---------Please notice that nowhere does he mention in his new solicitation the problems his business is encountering in the previous week’s e-mail !!
Clay Teegarden
Fix and flipping tax implications.
17 October 2024 | 9 replies
I feel like I e read before that 25% of net profit is a good rule of thumb to set aside for those taxes, but what have you all found to be true?
Chris Blackburn
Real Estate commissions? Thoughts on a $34M sale $400,000 ($200,000 per) to $500K
15 October 2024 | 2 replies
You'll also find some clients that like to juice the commission on performance metrics, similar to what you posted, but that is also relatively rare as most owners feel if they're paying you north of $300,000, you should just try to get top dollar with strong terms.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
I mean a general recession, we had flat/negative GDP the preceding quarters, S&P down 20% +.Not sure what more people want.What folks don't realize with investor saturation, tech, and everything in between, the market has a profound way of realizing positions and getting in & out of them to where the markets overcorrect and sometimes move so quick all the juice in it happens to squeeze out so fast.
Jeremy Altdorfer
20 units multifamily owner can't show proof of income via bank statements
16 October 2024 | 11 replies
@Jeremy Altdorfer Just adding to the above, the rent should be on Sch E of their tax return.
Brandon Flores
Marketing- SEO or Direct Mail
16 October 2024 | 10 replies
I would actually suggest you spend that money to get your real estate license and hang your license with an e-brokerage.
Craig S.
Multifamily Construction Cost Projections?
17 October 2024 | 2 replies
I do these project, but I am going to PM you the contact info for an A/E with a lender that does larger investment projects like this.
Edward Heavrin
Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
I used to manage them when I was learning, and I understand people who want to learn, but juice just isn’t worth the squeeze to me.
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
stacks of capital for unexpeeccted repairs, zoning, headaces you simply can NOT forse e until it happens, and 6 months of the mortgage in reserves for vacancy/ job loss. 50k an d8k in credit is mayb safe to by 1 property. that 38k you think is left, not nearly that will be left over. so what is leeft..... theere are your reserve. you have noting left to get another property
Jyotin Gautam
Question about getting FINDER fees in California from out-of-state realtors
10 October 2024 | 5 replies
HI @Jyotin GautamShort answer is no in Texas Long answer according to the Texas Real Estate Commission " Under the amended rule, a broker could give an unlicensed person a gift of merchandise having a value of no more than $50 and this would not subject the unlicensed recipient to a charge of unauthorized practice as a broker, nor result in a violation of TREC rules by the broker giving the nominal gift."