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8 January 2025 | 10 replies
Your account structure depends on your goals for growth and if you plan to self-manage or hire a PM.
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13 January 2025 | 15 replies
Normal comp is 100-150 bps on volume for these roles if commission only and completely self-generated leads.
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5 January 2025 | 2 replies
I moved all of her old retirement money into a self directed IRA/Solo 401K and started putting her money to work through real estate lends.
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29 January 2025 | 68 replies
Our village does quite well for it's self.
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17 January 2025 | 19 replies
The "deposit" works as a way to make the payments on whatever you've drawn and self consumes itself. 5.75-6.25% fixed interest, amortized over 25 years for a 5 year term.
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6 January 2025 | 11 replies
Given that I am self employed, a few personal loan options, did preliminary asking about my situation, and they got lost in the weeds with how my real estate income looks so dismal on tax returns.
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1 January 2025 | 4 replies
Quote from @Dallas Hoover: Want to acquire a self-car wash within Dallas Texas area.
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8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
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6 January 2025 | 3 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
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10 January 2025 | 12 replies
I've self-financed deals my deals, financed them with a HELOC and used third party lenders as well.