Grayson Grzybowski
Getting Advice with buying Real Estate
11 November 2024 | 16 replies
You need options coming into the net from a few different sources.2) You need a panel of analysts.
Larry Nielsen
Typical Monthly Cash Flow / Best US Markets
12 November 2024 | 10 replies
I’ve sourced a few off market properties that are closer to $400-$500.
Philip Njapa
Foreign investment syndication
11 November 2024 | 2 replies
Can someone recommend any advice on anything (setting up partnership structure, accounting/ setting up a bank account , lending with foreign investors, sourcing deals etc…).
Luis Maza
Real wholesalers - or hype pricing - my numbers are not adding up - dilemma
15 November 2024 | 15 replies
I never cared what they are making as the assignment fee, as long as I knew the numbers worked on my end.As for a purchase & rehab lender that will finance up to 100% of the wholesaler's assignment fee - I can introduce you to one that finances that and also 100% of the purchase & rehab up to 65-75% of the ARV.As a lender I sometimes receive off-market properties from wholesalers and other sources and share them to our borrowers if they fit what they are seeking.
Dana Jordan
New Tenant's ID
10 November 2024 | 10 replies
Unfortunately, Facebook is not a trustworthy source for verifying someone's identity.
Melanie Baldridge
"Does the IRS require site visits for cost segregation studies?"
13 November 2024 | 10 replies
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.There's this thing called Hierarchy of Tax Authority that CPAs and Tax Attorney's reference.Let's not get too carried away with comments like, It serves as a guide and cannot be used, cited, or relied upon as an authoritative source....
Jonathan Greene
How To Know Who To Take Advice From When You Are Just Starting Out
14 November 2024 | 40 replies
I think whenever you are getting advice from someone it's important to always consider the source to identify the incentives that person has to give a certain answer and how it colors their thoughts.
Rochelle Gerber
Has anyone moved their 401K to a self directed real estate one?
13 November 2024 | 22 replies
If so, you will need to rollover those funds into respective money sources of pre-tax and Roth. 2) Analyzing whether to use IRA or Solo 401(k), is fairly straight forward, when the intent is for you to have your own business and want to use the funds for real estate investing.
Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
20 November 2024 | 37 replies
I would be leery investing in a cash negative property with the only profit source being appreciation.Good luck
Greg Hammond
Should I sell my rental property or let it ride?
11 November 2024 | 6 replies
In my New England market I’ve been able to source some amounts of cash flow but my appreciation has been phenomenal and the projections for future appreciation keep me from selling to attempt to find better cash flow.