Marshawn Moore
Has anyone join New Wealth Advisor (NWA) Riverside CA
26 January 2025 | 32 replies
If the mentors with there systems would guarantee deals , than I would pay these absurd fees ..
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):REAL Red Flags That Matter:The Partner Complaint TriggerDisgruntled partner files Form 8082K-1 disputesPartnership disputes leading to tax filingsReal Impact: Instant IRS attentionSuspicious Loss ClaimsLosses exceeding investmentArtificial basis inflationSudden large losses without economic realityExample: $100K investment claiming $500K lossesRelated Party GamesCircular property flipsBelow-market transfersFamily partnership schemes without substanceWatch Out: IRC §267 and §707(b) violationsDebt Engineering Red FlagsBasis inflation schemesArtificial guarantee arrangementsPartner debt shifts near year-endCritical: IRC §752 compliance matters!
Anirudh Reddy
Who can claim interest paid on a seller finance property?
28 January 2025 | 15 replies
I guarantee you don't have the right to "sell" that property as you've done because the bank has a lien against that deed which must be paid if/when you sell, and you almost guaranteed to have language that you are supposed to notify the mortgagor if/when you sell the property so that they can exercise their due on sale clause.
John Fleming
Property Management Reccomendation
14 January 2025 | 3 replies
It's no guarantee but it's a good place to start.
Fiona Brown
Has anyone used or heard of Blue Metric Group?
28 January 2025 | 14 replies
Of course, at the end, he plugs a masterclass with more specialized small group training for $3000 (money-back guarantee if not satisfied).
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
Melanie Baldridge
My opinion: 401K VS RE
22 January 2025 | 8 replies
Guaranteed Returns: A fixed 7% is impressive in today's market and provides predictability unmatched by most investments.2.
Sri R.
Multifamily Groundup Construction loan
14 January 2025 | 4 replies
If this isn't required, then most likely having the GC sign a completion guarantee to ensure the project gets finished and lender is not stuck with a partially complete asset is the case.
Tiffani Hollis
Appliances - New or Used?
17 January 2025 | 6 replies
They tested the appliances thoroughly and offered a one-year guarantee.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
Cashflow is guaranteed, Appreciation is gambling, blah blah blah.