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2 February 2025 | 4 replies
Working with a private lender can indeed come with challenges, particularly regarding qualifications and funding structures.For your cosigner, they typically will need to be a member of your LLC and the private lender will want them to hold 51% - depending on lender of course.Compensating your cosigner fairly is based on what both parties believe is fair.
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21 January 2025 | 2 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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3 February 2025 | 14 replies
You should have documented that in writing, but even a text message from him would likely hold up in court.You post the notice and give them the required amount of time.
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31 January 2025 | 1 reply
I'm a digital nomad who purchased a 4plex in Carson City, NV a couple of years ago as a buy & hold.
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3 February 2025 | 0 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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21 February 2025 | 8 replies
To be considered an investor (and possibly get long-term capital gains rates), you’d need to hold the property for over a year as a rental or investment, not actively flip it.Check out the IRS guide on rental real estate and capital gains for more details: IRS Rental Property Tax Guide.You might want to talk to a CPA who specializes in real estate to see if there are any strategies that work for your situation.Good luck on your flip!
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4 February 2025 | 1 reply
Investment Info:Single-family residence buy & hold investment.
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20 February 2025 | 11 replies
No one knows what the future holds but assuming a 7% return over the next 20 years those accounts will grow in total to $2.4M.
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17 February 2025 | 24 replies
I dont like the manufactured pod holders/carousels because they hold like 24+ pods and providing that many will get expensive quickly.
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17 February 2025 | 11 replies
Our bank will let us use equity that exceeds 25% across multiple properties that are either owned free and clear or where they hold the first so long as the deal still cash flows with however much cash is brought to the table.