David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
Here are the terms:• 12-month term• 17%Interest(Annual)• Quarterly interest payments• Securedbyequity(not real estate-based) • $250k minimum investment• First-come basisFeel free to book a short 10-15-minute call if you're interested in learning more.Marco SantarelliPartner, Money Is MastermindBook a 15-Minute Call With Me Here----~---------Please notice that nowhere does he mention in his new solicitation the problems his business is encountering in the previous week’s e-mail !!
Vinay Sanapala
Ready to Dive into Section 8
16 October 2024 | 13 replies
The results were similar during the COVID-19 pandemic.Between 2013 and 2023, the annual average appreciation and rent growth exceeded 15% and 8% respectively.Vinay, I applaud you for wanting to help people.
Joe Scott
Tax return size --- an audit flag?
18 October 2024 | 8 replies
In your case, with a history of passing audits and having a CPA who is experienced in IRS representation, you're in a strong position should an audit occur.Regarding audit statistics, the IRS generally audits fewer than 0.5% of individual returns, with even lower rates for those earning under $1 million annually.
Josh Edelman
Las Vegas Market + News for September
16 October 2024 | 2 replies
With used cars averaging $34,859 and full-coverage insurance costing $2,496 annually, only California is pricier.
Isua Mbang
Has anyone used the “All in one loan” with CMG Financial?
21 October 2024 | 59 replies
If he’s averaging 10k of extra available cash every month that’s only saving about $1k annually vs throwing that at conventional inefficiently at end of month.
Ryan Rabbitt
Employer does not match 401k - should I invest?
14 October 2024 | 24 replies
The employer may offer a Roth 401k which has annual limit of $22.5k.
Ted Barrett
Mortgage Rates Eating into Cash Flow Under 1% Rule
18 October 2024 | 25 replies
Looking at rates today, if I were to buy a property for $125k and have a $100k mortgage, the rate would be 6.25%, and with a 30-year mortgage, that's $7.5k of annual mortgage payment.
Josh Terranova
Any Section 8 Landlords out there?
18 October 2024 | 23 replies
That’s a big plus for anyone trying to keep consistent cash flow.But there are cons too: extra paperwork, annual inspections, and generally a bit more red tape.
Noe Alonzo Nesmith Jr
Out of State Investing
17 October 2024 | 16 replies
Annual home appreciation, rental appreciation and the property management teams in these markets are attractive for investors too.
Ross Kane
LLC piercing corporate veil
21 October 2024 | 13 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.