Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
.: I would go HELOC for sure that would be best as others were saying the lower cost for the money changes between paying a higher rate for a personal line and typically personal lines they want a higher monthly charge as well independent from the interest rate.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
The key is to identify personal property from real property.
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
If they've genuinely abandoned, you'll notice their clothing, personal hygiene, and things of value are all gone.
James Wise
TikTok Shutdown 1.19.2025...How does this effect your business?
12 January 2025 | 3 replies
Quote from @Dominic Mazzarella: Quote from @James Wise: TikTok is supposed to be shut down in the U.S on 1.19.2025 unless the Supreme Court blocks or delays the U.S. ban per Trump's request.I won't pretend to have any idea how the inner workings of the data collection between China and the USA effect the world, but on a personally business not, I like it.
Adam Macias
Wholesaling as it is today will be a thing of the past.
12 January 2025 | 8 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?
Annie Anson
How to meet material participation hours for out of state investors
17 January 2025 | 21 replies
For instance, said property manager manages maintenance issues, problems that arise during bookings, basically anything that needs a physical person at the property, while I manage the rest?
Steven Catudal
Partnership split help
18 January 2025 | 10 replies
If you make the person an LLC employee you can get around it, but partner does need to be careful.
Matthew Brown
Syndication: Fairway America Vivo Rancho Cordova - Review
17 January 2025 | 3 replies
Personally, I've felt the investment has been poorly run in almost every possible way.
Clay White
Storage Unit Overhead Doors
7 January 2025 | 2 replies
If you're more of a 'personal referral' person than a 'do research online' person, and this is local to you in Manhattan, KS, hit up one or two of the trades people in the "little apple all stars" BNI group.
Michael Klinger
Ideas on $25K loan for multi-family working captial?
6 January 2025 | 11 replies
Both offered up to $40k, 12-14% rate which is higher but not bad for an unsecured personal loan.