Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
I just wanted to share my thought here because I just don’t like threads that are negative towards real estate education programs as a group.
Anthony Dupre
Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
Ask a couple of them to stay after and discuss this topic.Forget the negative tone of any of the following:This is a huge discussion with many questions and answers.
Madhuri Gupta
My experience with Flipsystem
21 November 2024 | 11 replies
It’s hard to find a lot of negative reviews as they’ve gotten Reddit threads removed and pour in fake reviews on sites from employees, family members etc. it’s not that hard to do a quick google search and see.
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
My comment is not intended to be negative or positive, only sharing my experience as an agent working with investors who use this system to make their offers in my area.
Scott Champion
I have $200,000.00 cash to invest.
21 November 2024 | 20 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Vivan Bhalla
Akron Property review and advice needed
19 November 2024 | 3 replies
2) "asking me not to post anything negative (which I’m clearly not doing)" - How is this entire post NOT making them look bad?
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
I toi find that your mindset is what makes the day.Read more and dont listen to negative people.
Rud Sev
Carry back or forward loss from sale of real estate
19 November 2024 | 6 replies
When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Part III).I noticed that the loss from Part I was shown on schedule 1 line 4. and helped zero my taxable income in Form 1040 line 15 (I had a negative total income on line 9 and 11).
Charlie Krzysiak
Advice For After College (CONDO v.s. HOUSE)
27 November 2024 | 13 replies
I do agree with that.There's also been some negative comments about condos.
Denise Evans
Tenant Estoppel Letters
19 November 2024 | 0 replies
That's because it is a lot of work scanning and attaching each tenant's lease.Best, it will include a statement the tenant will release the old landlord from security deposit refund liability when the sale goes through, and look only to the new owner for any refund.Ideally, sellers should be required to counter-sign each letter, confirming the accuracy of the contents.Exact wording of the letters, timing of when presented to tenants, and consequences to the sale itself if some letters are missing or contain negative reports, are all deal-specific.Where does the "estoppel" come in?