Jeremy Frantz
Turning New Construction Sf Home (With Partner Through Llc) Into Personal PO Rtfolio
21 January 2025 | 0 replies
Here is an example with some figures:My LLC total investment = $204,000Partner LLC total investment = $196,000Value of project when complete = $500,000Each LLC value afterwards = $255,000 / $249,000The plan was for me personally to go get the refinance loan because the terms are so much stronger than if I went portfolio with the LLC.Loan total = $300,000 (keeping at 60% or under of value for best terms from the bank)Partner LLC payout = $249,000My LLC payout = $51,000In this scenario, I am struggling to see how to get the remaining equity in the project into my personal name?
Eyad Ahmed
Virtual Wholesaling from Egypt
10 January 2025 | 2 replies
Quote from @Eyad Ahmed: Starting my Virual wholesaling plan from egypt is quite challenging but doable i'm targeting indiana market with an established LLC and the deal machine software and mojo dialer and a presence whether on social media, a website,etc looking to connect with realtors as I'm looking to start novations as well alongside wholesaling any recommendations about my plan or tips and trick's on how to close my first deal, also if there is any buyers in, fort wayne, indiana polis,munchie drop your email to add you to our end-buyers list also any recommemdations of title company that deals with digital banking for example: mercury,wise,relay and is investor friendlyI am the owner of DealMachine and also have 19 properties in Indianapolis.
Stacy Fowler
New multi-family property owner
21 January 2025 | 1 reply
I am currently in the market to purchase a tri-plex with the plan to live in one unit, make upgrades, and rent the other two out.
Diego L.
Which type of Trust is better
24 January 2025 | 3 replies
I would probably work with an attorney in North Carolina (or wherever you live) to do some estate planning since you do have young kids.
Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.
Chris Clarkson
Selling business/building and want to reinvest into real estate
17 January 2025 | 11 replies
l plan to use that money to start investing in real estate.
Treza Edwards
New Construction Rental Property
13 January 2025 | 6 replies
For me to build I would want to see recent comps of sales for the finished project you are planning.
Ryan Ruppert
Shopify for own STR website?
20 January 2025 | 7 replies
WordPress, especially when paired with plugins like WP Rentals or a property management system, offers more flexibility for custom features like dynamic calendars, booking systems, and integrations with platforms like Airbnb.If you're planning to grow beyond a few properties, WordPress can handle that expansion better since you can continuously customize it as your business needs change.
Julio Gonzalez
Cost Segregation Study on SFH in Iowa
22 January 2025 | 0 replies
Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Alex Minter
New to Real Estate Investing
23 January 2025 | 23 replies
We are the kind of people who do not jump into anything without fully planning it out.