Deborah Wodell
Private Money Lenders Using Their Own Funds?
30 December 2024 | 14 replies
They do a good job of regularly releasing episodes and they frequently talk about starting out with their initial capital pool and growing their business.
Nicholas Nocella
Looking for some direction!
30 January 2025 | 6 replies
While I know this isn't a lot in today's market, I believe there are creative ways to make it work.I’m a former foster child who was declared independent as a teen, so I've been living with close friends that I consider family.
Xavier Dortch
Just Getting Started...Open To All Tips
15 January 2025 | 3 replies
I have a couple of friends who have several rental units in Gettysburg and said the rents are good and he has many professionals who stay for a good amount of time and pay on time.
Kevin Brown
Best Accounting Software
3 February 2025 | 8 replies
Stessa is an excellent, user-friendly platform for tracking income and expenses for investors.
Makani Donaldson
How to be of use
3 February 2025 | 9 replies
Ben Franklin used similar advice to turn an enemy into a friend (although his was asking to borrow a book).There are some caveats here, you cannot be wasting time thus you need to demonstrate that you are taking action.
Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
In addition, a DIL does not automatically satisfy the underlying mortgage/DOT so if you accept a deed from the DIL grantee you may find a title insurer will require a release or sat of it before insuring.We have often used a “friendly” foreclosure instead of deed in lieu when we needed to “wipe out” liens junior to ours before taking property title.
Vidit Maini
Cracks Appearing in Condo – Normal wear and tear OR Structural Concern?
23 January 2025 | 9 replies
Hello Friends,I own a 1982-built ground-level condo (one unit above, one below).
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
I imagine that if ALL the LP"s protested with Form 8082, the IRS might have taken note.I need to write some posts about the Tricks and Traps that some syndicators [not you, of course] use to the detriment of the LP's.But the Form 8082 is your best friend.
Greg Reese
What state is the best to open an LLC for real estate investment
2 February 2025 | 13 replies
@Greg ReeseMost small investors will benefit by having the LLC created in the state where the property is located at.Creating an LLC in a state like Nevada, Delaware, Wyoming may be better for the big players if items such as charging orders, business friendly case law, anonymity are important to you.However, be mindful that setting up LLC's in those states will add to your costs as you may have increased annual fees for annual LLC fees + registered agent fees.
Jennifer Gill
Do Not Call List - sick of calls!
24 January 2025 | 9 replies
Try being an agent, your phone number is EVERYWHERE and you get targeted by a whole industry that wants to sell you the latest gimmick.Here is what helped me.I answer calls and when it's a telemarketer I will interrupt them and say very friendly (because I don't hate the poor person who gets paid to do this and coached to be ruthless): Hey, so glad you called, can you do me a big favor?