David Naphy
Cash out Refi or wait
23 January 2025 | 7 replies
Not a huge increase in cash flow, but you're picking up another appreciating asset.
Will Almand
Cost Segregation Questions
20 January 2025 | 11 replies
I have a renter in there now and am wondering if a cost-seg makes sense to do financially as I am planning to keep the place for 10+ years.
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Steven Catudal
Partnership split help
20 January 2025 | 11 replies
Also, the whole point of hiring a PM is to handle tenant, maintenance, and rent collection, so if your partner isn’t actively managing but just supervising the PM, IMO not worth having a two people essentially looking over the same tasks.Contributing financially for one person and the other having no financial stake raises decision making questions, such as when to sell, how profits will be distributed, etc.
Josh Dickson
How to reduce the maximum amount of income tax for a wealthy individual.
1 February 2025 | 7 replies
Also, if you are in a partnership with your brother, it is unlikely that you are going to be able to offset his W2 income if he is just the financial partner.
Joshua Keim
Excited to be here!
27 January 2025 | 12 replies
I was a SWO for 8 years, and the best thing I did to improve my financial life was real estate investing.
Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
Your LLC has no "business" other than the asset(s) it owns.
Anderson S.
Breaking Through Financing Hurdles with Expert Mortgage Brokers
22 January 2025 | 0 replies
Unlike banks, which offer limited loan options, brokers have access to a wide network of lenders, including niche and non-traditional financing sources.Here’s what they do:Assess your financial situation to determine your borrowing power.Compare multiple loan products to find the most favorable terms.Negotiate rates and terms with lenders on your behalf.Guide you through the application process, ensuring you meet all requirements.Example: Suppose you have a lower credit score or unconventional income sources.
Tim Brinsek
Analyzing a Deal with Private Money Covering Part of the DP
31 January 2025 | 6 replies
My goal right now is show them a few different options and the financials.
Jay Fayz
Best way to start in REI at 20 years old
9 January 2025 | 4 replies
if you had a particular asset of real estate you were interested in I'm sure you'd be able to find a broker in need of help in one of those.