Maikel Figueredo
How to wholesale when house is listed with and agent?
9 July 2024 | 28 replies
(It's arguable that having it under Contract is not equitable interest either, so you had BETTER have the capacity to pay for it come closing day)!
Ryan Denman
How to raise money and form partnerships with non-accredited investors
3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
Gerry Cohen
DO NOT INVEST with SCOTT CARSON (We Close Notes) or Inverse Asset
10 July 2024 | 256 replies
The Board in its sole discretion may accept or reject the application for membership as well as subject an approval to the satisfaction of conditions.Any individual who was in a leadership capacity in a company that was expelled from RMAI may not have a new entity in which they have a leadership role apply for membership for three (3) years.
Agustin Conti
Tenant asking to fix things and get a cut on rent
3 July 2024 | 14 replies
I want to know what my obligations as landlord are and then make a decision if I want to go above that line in any capacity by paying or sharing the cost of something that I am not required to do.Regards,
Kyle Z.
Mortgage at 7% interest rate for investment property; pay down earlier?
4 July 2024 | 11 replies
If you could pay down the mortgage with the cash and recast, and simultaneously put a line of credit on the new equity, that could be more beneficial as it would still preserve liquidity while reducing the overall interest load.
Philip Murray
Newbie Hopeful Investor- Northwest Indiana
2 July 2024 | 23 replies
If you are interested, I’d be up for grabbing lunch or something and seeing if we can work together in some capacity.
Brett Riemensnider
Construction Clean Up
2 July 2024 | 3 replies
It typically holds about 3-4 pickup truck loads of debris.
Yongming Huang
Why are real estate agent commissions so high in the US?
10 July 2024 | 87 replies
And you will need a great generator because load shedding, and armed guards, and great security, attack dog's, at least 5 or 6, and bullet proofing on your auto is a good idea but side skirt flame throwers has always seemed a bit over-kill to me.
Nena Stewart
Cost of Underground Pool Removal
2 July 2024 | 7 replies
We had a backyard pool decommissioned, (concrete broken up around the pool and dumped into the pool along with several truck loads of waste hauled out and dirt brought in.
Irving Rivera
Multi family investing in East Garfield Park
1 July 2024 | 9 replies
Too many hawkish investors with loads of cash in these areas (I am a newbee only 2 years in )...