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Results (10,000+)
Jean-Pierre Njiky Djiodjip New member introduction
5 February 2025 | 4 replies
In my opinion, an in person meetup > an online connection.You may want to consider making a connection here and meeting up for coffee or attending a real estate networking event.Best of luck!
Mark Boyd Should I borrow from my home's equity to start investing in real estate?
13 February 2025 | 3 replies
Once I refinanced, I paid off the credit card and kept the property.
Nadir M. How Do You Handle Rent Collection & Payouts for Accurate Accounting?
6 February 2025 | 10 replies
@Nadir M. you would show 100% of whatever you collected on behalf of an owner.Of course, if tenant pays via credit card, you would NOT include the credit card fees, because you did not receive them.From the funds in your OPERATING account, you would pay any expenses on behalf of the owner, including your management fees - which you woul transfer to your PMC account.Owner will be paid from Operating account.Your vendors (office expenses, auto, etc) would be paid from your PMC account.Year end, you are require by IRS to send a 1099 with GROSS amount collected on behalf of owner.
Tiffany Alfaro Is Getting a Real Estate License Worth It for a Multifamily Investor?
7 March 2025 | 10 replies
Here are a break down for the reasons that you should or shouldn't get a license.Perceived pros:1) Access to MLS Data: The realtor MLS will have access to more information than Zillow, that will be beneficial for an investor (Primarily the Rent Roll)2) Save on commissions: The commission would be paid directly to you, so you would get a 3% discount on all properties you purchase3) Networking: Being licensed helps you build relationships with agents, brokers, and investors to help find deals that may be worth pursuing.4) Off market listings: Since you will be lead generating for listings to sell as a real estate agent, every deal you come across is a potential property to purchase.5) Additional income: You can earn commissions by representing other buyers and sellers to purchase properties that you decide to pass on.Cons:1) Time & Cost: Licensing requires education, exams, fees, and ongoing continuing education.2) Almost every benefit I mentioned above can be done without a real estate license, so there is it's a lot of money and time for no benefit.Yes, the biggest con to getting a real estate for an investor is that it doesn't help at all.
Ellis Moye Subject-to Refinance Options
18 February 2025 | 8 replies
IMO if I had to sell - I would contract for deed so I retiain title until the debt is paid off or at minimum a wraparound note on my existing debt and have the investor personally guarantee this coupled with a deed in lieu of foreclosure (now the investor has skin in the game if they default). 
Simon Delony Getting Your Spouse On Board
27 February 2025 | 35 replies
I joined a few female-centric entrepreneur groups and investor groups, this really helped motivate me to ask more questions and gain both local and online support.
Alec Barnes How Do You Ensure Quality Tenants?
6 March 2025 | 13 replies
There is a need to say at least 6 weeks of paystubs, so if someone is paid weekly then they need to send more paystubs, not just two. 
Andrey Y. Why I love being a Passive Investor in Syndications (30% IRR!!)
20 February 2025 | 114 replies
None paid through Covid as promised except that one and none have grown and continued to perform except the one that was a debt fund.
Jeremah Graupman Tax Benefit for Higher-ish income earners
6 March 2025 | 8 replies
We paid $560 last year to get our taxes done.
Lincoln Waite Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
8 February 2025 | 22 replies
We seperated the electric and each tenant had their own meter which they paid