Jeremy Frantz
Turning New Construction Sf Home (With Partner Through Llc) Into Personal PO Rtfolio
21 January 2025 | 0 replies
Here is an example with some figures:My LLC total investment = $204,000Partner LLC total investment = $196,000Value of project when complete = $500,000Each LLC value afterwards = $255,000 / $249,000The plan was for me personally to go get the refinance loan because the terms are so much stronger than if I went portfolio with the LLC.Loan total = $300,000 (keeping at 60% or under of value for best terms from the bank)Partner LLC payout = $249,000My LLC payout = $51,000In this scenario, I am struggling to see how to get the remaining equity in the project into my personal name?
Kaushik Sarkar
First time investment in Multi unit retail
20 January 2025 | 6 replies
He is looking at a group of investors like myself to bring 25% of the project value and then procure a bank loan for the remaining 75%.
Pratik Patel
New to the Investing
26 January 2025 | 2 replies
Welcome @Pratik Patel, feel free to reach out if you need anything!
Malcolm Brown
Newbie to Real Estate Investing - Any Tips...
29 January 2025 | 24 replies
Starting out in real estate can feel overwhelming, but breaking it into clear steps makes it manageable.
Michael Labudzki
I have 200,000- 250,000
22 January 2025 | 8 replies
- Are you open to value add / renovation deals?
John McKee
Looking back on 2024
3 January 2025 | 7 replies
During the 2years we’re spending $ on attorney fees, and I’ve got that “queasy” feeling, especially since it’s questionable whether or not the properties are worth the amount we are owed.
Tim Johnson
Is Real Estate the best way to reduce your taxes?
18 January 2025 | 5 replies
Look at all of the losses you can count against your rental income.Now look at line 18.Line 18 is usually:(Value of your property) - (Land value) / 27.5 years.
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
I feel that the QBO is the only way to go for me, as I am remote from my Accountant and Bookkeeper.
Jack Sarcia
I sell bank foreclosures...ask me anything!
30 January 2025 | 5 replies
This is when I go out and value newly vacant REOs.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Feel free to reach out to me for a friends and family discount code.