Jon K.
My first rental, 11 years later.
3 February 2025 | 4 replies
It's easy for me to get lost in the grind or to focus on goals instead of progress so I'm glad that I took this moment to remember where it all started and that was with a gamble on this one property that has paid off ever since.
Steven Ewing
Looking for HELOC options
2 February 2025 | 3 replies
You may have to do one as part of the loan process and I wouldn't want you to end up paying for 2 appraisals if the lender doesn't take the one you ordered on your own.
Mike Vu
Anyone invested in a syndication with Rod Khleif???
1 February 2025 | 10 replies
My personal opinion: he's not the only one "doing it right" but he's definitely on the very short list of those that are.Just my .02note: I don't participate in his deals.
Beau Alesi
Looking to buy
25 January 2025 | 7 replies
It's debt you'd still have to pay back, but at least you will not touch one of those two amazing interest rates.
William Dorrough
looking for insight on how to scale my multifamily portfolio
2 February 2025 | 2 replies
Quote from @William Dorrough: I currently either purchase and value add large scale multifamily properties or develop, and build ground up my issue with scaling is we have done this without brining in investors i have a great deal flow with a good track record im really looking to do more i have the capacity but have the need for more capital in one way or another Scaling without investors can be tough, especially in multifamily.
Brendan M Hornung
Sub-To Tax Advice Needed
3 February 2025 | 8 replies
Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim.
Seth Singer
First Property! What’s something you don’t hear discussed often enough?
24 January 2025 | 11 replies
One thing I wish I knew starting out was the true overhead of running a RE business it can be pricey if you don't run your numbers right.
Scott Johnson
Scammed by "Estate Legal"
31 January 2025 | 20 replies
I’m sharing my story so everyone can be aware and hopefully avoid the same experience.I received a call from one of my ads that targets probate clients.
Alex Patton
Refinance DSCR Advice
3 February 2025 | 26 replies
One thing to be mindful of is the cash flow of the property as you get into higher LTVs.
Chrissy Grimm
Recent experience with PayRange or ShinePay?
31 January 2025 | 5 replies
Going to try out PayRange, the Shine Pay is slightly more expensive and the one quote about the 20 units appears to be from shinepay as it is the only qoute they ever made... not sure which is better but both look like good options