Jim Glover
Talk me into Multifamily?
14 June 2020 | 17 replies
I think you can create better deals working in the "residential" space, I have found that as the deals get bigger the other parties in the transaction are typically more sophisticated.
Wade Kulesa
Is Dave Ramsey correct? Anyone still around after 10 years?
4 August 2020 | 177 replies
Especially in these situations, becoming knowledgeable and sophisticated as a borrower is table stakes.
Reid Ferguson
Bank Promos via Rental Deposits?
13 November 2020 | 1 reply
I was hoping to take advantage of a bank promo (eg. earn $300 when you direct deposit $500+ in each of the first 3 months), but the disclosures limit direct deposit to payroll, pension, Social Security, etc.
Karen Devlin
Analyze My Deal - First Time Commercial Investment
18 November 2020 | 32 replies
Most times, newer or less sophisticated buyers (usually under $1MM) seek out "mom & pop" Parks that keep poor financial records.
Nicole Cotrino
Normal for a turnkey provider to limit discussion to 15 min?
30 June 2016 | 33 replies
As Chris has mentioned many times this is not sophisticated investing.. this is simply buying a SFR and renting it out...
Rhonda Blue
Tenant wants boyfriend OUT.... what are the options in utah
12 August 2016 | 12 replies
My tenant has the rent automatically deducted from her payroll twice a month as she has a government position.
Ayana Lugo
Why are investors not using PMs?
16 July 2016 | 41 replies
However, the investor has to reach a level of scale and sophistication that most can't achieve and then economically a standard PM makes more sense.
Evan McMullin
How to find a sponsor?
19 July 2015 | 10 replies
They will probably have someone on payroll that deals with fundraising.
Alex Spahman
How to get started in real estate investing after college
21 January 2020 | 12 replies
@Alex SpahmanSave $50k & do a syndication as a sophisticated investor.
Yas Tahir
Is passive rental income subject to Self Employment Tax
1 June 2018 | 18 replies
Go find another CPA immediately bad.Moving property out of a Corp is a taxable event, while it isn’t necessarily for an LLC, so that’s not a good thing.Also, if you are a S corporation if you want to take money out of the Corp you must first pay yourself a reasonable salary (and pay payroll taxes on that).If you are a C corporation, you are subject to double taxation (all income is taxed at the corporate level, and then again when distributed to you).If you are a real estate developer it makes sense to own property through a corporation, but not rental real estate.I strongly suggest talking to someone else about you tax situation.