Julio Gonzalez
How AI is Impacting Real Estate Investors
22 October 2024 | 7 replies
The many bad advice on this platform are mostly in part attributed to "AI" making everyone look smart but the few true ones like you would greatly benefit from a natural conversational interface tool that refers people to you for your quality advice.I remain a cautious, optimistic skeptic but open to embracing what the future holds.
Michael Carbonare
How To Get Started: Simplify, simplify
21 October 2024 | 2 replies
“Simplify, simplify”, one of the many quotes attributed to Thoreau, is solid advice for the struggling new investors who I have spoken with.
Michael Politi
UBIT Implications for Preferred Equity Investment
22 October 2024 | 9 replies
In this case, since the capital stack includes 70% debt, it's likely that some portion of the income generated by the preferred equity investment could be attributable to UDFI, potentially triggering UBIT.However, the preferred equity in your scenario may be treated differently from common equity, especially since there is no upside participation beyond the fixed return.
Rod Smith
Do you really need a professional to get more website leads?
18 October 2024 | 6 replies
So having a professional site with active social media is a key as it will indirectly attribute to the conversions and your brand credibility.
Jonathan Greene
The Most Important Note About Real Estate Investing and Your Relationship
17 October 2024 | 10 replies
Many successful investors can attribute their achievements to a cooperative partnership and a shared vision for financial growth.
Stuart Udis
Are Wholesalers Really Your Golden Ticket To Succes??
17 October 2024 | 20 replies
You often hear from real estate investors who scaled businesses attribute their success to great contractor relationships, a realtor who helped identify an underserved housing need, lenders who gave them a chance despite not having a balance sheet, even good attorneys who navigated them through entitlements or perhaps accountants who educated them on tax saving strategies.
Mark Dutton
I hate having mortgages
18 October 2024 | 34 replies
For leverage of 50% or less any worries are psychological with little chance of consequences moving beyond the specific property leveraged. 50 - 65% could go either way depending on economic climate, specific property attributes, management, etc.
Account Closed
12 Questions to Ask Tenant References
11 October 2024 | 1 reply
Reference checks help you verify these attributes, thus reducing the risk of late payments, property damage, and eviction issues.
Tanya Maslach
Using an IRA for downpayment funds?
11 October 2024 | 10 replies
The reason you have to obtain this special type of financing is because the tax code provisions (IRC 4975) do not allow you to personally guarantee debt that your IRA or Solo 401k takes on. 2) It was referenced above UBIT, which is a special tax on the portion of the after expenses and depreciation, that is attributed to the debt financed percentage of the property.
Mike Irwin
Short term rental
8 October 2024 | 1 reply
Of the remaining $200,000 gain, 75% (6 out of 8 years) ($150,000) is attributed to the time the property was rented and is therefore taxable at the long-term capital gains rate.