Desiree Board
Sole proprietor, LLC or Corporation?
15 January 2025 | 2 replies
For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Diversifying your portfolio could reduce risk and improve overall returns.Higher Cash Flow Potential: If you redeploy the equity into markets with higher cash-on-cash returns, you could significantly increase your monthly cash flow.
Kevin M.
Condo Investment in NYC
7 January 2025 | 12 replies
Using a 1031 to upgrade to a two-family could help you reduce or eliminate the $1,000 out-of-pocket expense you’re paying now.Also, condos often come with HOA fees that limit cash flow, so be mindful of their impact.
Stephen Fleming
Newbie Plan. Thoughts?
14 January 2025 | 9 replies
That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
Also with plans to reduce industrial "intensity" in and around residential areas.
JR Gonzalez
1031 into TIC/DST aaaaand into single family home?
17 January 2025 | 6 replies
You could also add cash to your exchange account to reduce the debt replacement if you wanted.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
If the market rents do not cover the mortgage, you may do a no ratio DSCR for a higher rate/reduced LTV Which most likely the 1007 will be nowhere near the revenue generated by a PadSplit operation.
Eric Fernwood
December Las Vegas Rental Market Update
23 December 2024 | 0 replies
Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.
Daryl Allen
What exactly comes after coming to agreement with seller
14 January 2025 | 2 replies
You start with a purchase and sale agreement and reduce everything to writing.
Alex Hall
Subto FHA problem
17 January 2025 | 48 replies
The SubTo community has become bro-fueled tupperware sales and Acme/Avon downlines.Anything creative is best done with complete transparency and the entire premise of SubTo is not transparent.