Chris Seveney
Creating a LLC with a Wyoming Holding Company To Sell My Xbox on Craiglist!
24 February 2024 | 5 replies
It's like buying a suit of armor to bring to a pillow fight.This herd mentality, where everyone blindly follows the latest 'sophisticated' trend without understanding the why and the how, is not just amusing but financially draining.
Josh Brost
General Curiosity - What is the Sentiment on your STR Property(s)?
26 February 2024 | 42 replies
The modern vacation rental guest has evolved, and their expectations have become more sophisticated.
Mike Terry
Did I hear David Greene correctly this morning? Cash out 1.5MM retirement fund?
22 February 2024 | 43 replies
You lend to experienced, sophisticated investors, you make that abundantly clear, I train the new.
Phil Sharp
Buy-and-hold philosophies: Cash flow vs Appreciation
21 February 2024 | 94 replies
BUT.... as I know there is a very large development of a Train Station HUB just a few blocks away, I am using my intellect and know that it will eventually increase my rents as the demand for the area increases.Eventually, 10 years from now, and that Train station hub is opened, I will reap the reward of approximately $4k per year or $383 per month increase in cash flow.You cannot do this kind of analysis with a Cash on Cash Return.You need the Internal Rate of Return.When you want to talk to the big boys, the Investment Bankers, the Commercial Lenders, your own Partners, sophisticated investors, etc., you need to understand IRR, how it works and why the one shot CoCR is just not correct.When you really understand these calculations.... the all kinds of scenarios can be modeled.When you understand all kinds of scenarios, you can begin to predict the future with accuracy as you use your God Given Intellect.
Carlos Ptriawan
How Burger King can survive ?
19 February 2024 | 5 replies
Payroll paid weekly, utilities monthly, meat/produce 3 day.
Joshua Bailey
Create an individual LLC per investment property?
20 February 2024 | 15 replies
This is almost like saying you open a restaurant and need to make separate bank accounts for payroll, utilities, customers, taxes, insurance, repairs, supplies, food, etc....Learn to do some bookkeeping and it will make your life, and your accountant's/cpa's life much easier.
Taiwo Okusaga
Self Storage - General Rule of Thumb/Assumptions
17 February 2024 | 0 replies
Payroll: At what facility size (in units or square footage) does it become necessary to hire full-time staff?
MIchael McCUe
Hard to separate what’s needed from what I’ve learned, pleas confirm hear thanks
16 February 2024 | 0 replies
Judicial,Collateral,Unsecured,Secured,Seller,Syndication ~ confirmed Mortgage Brokers (sophistication, in lending terms) "15% ROI Margins" ~ confirmed ROI unknown tho…Tax attorney(Roth,Judicial, Sophistication) "10% ROI" Unknown*Accountants (how much and where Terms infrastructure legalities) 7% ROI Unknown*Mortgage broker (lending acquisition all major lenders ,TD,RBC…….
MIchael McCUe
Trying out this Wisdom method, how did I do
15 February 2024 | 4 replies
Using conventional Wisdom Kinda tough with connecting cross country and knowing very well, seem like the right forum ti help my group, brothers on the rise, we got drones and tree planting yeahhhJudicial,Collateral,Unsecured,Secured,Seller,SyndicationMortgage Brokers (sophistication, in lending terms) “15% ROI Margins”Tax attorney(Roth,Judicial, Sophistication) “10% ROI”Accountant (how much and where Terms infrastructure legalities) 7% ROIMortgage broker (lending acquisition all major lenders ,TD,RBC…….
Steven Aviles
what should I do with vacant lot
16 February 2024 | 10 replies
I am new to the real estate scene and would greatly appreciate some insight on this. sell it and invest reinvest the same money in a downtown market like Columbus. you can get a 60k plot of land and get rezoning application to put a stacked triplex that we build. let someone help you who's sophisticated. you already have the equity. land isn't worth anything unless you can build it. our product is posted in marketplace