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5 February 2025 | 54 replies
Or is this normal?
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7 February 2025 | 2 replies
I am stumped as to if it is worth it to get a business bank account or just open a normal checking and savings account.
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21 February 2025 | 13 replies
I chose Phoenix because it's close the areas I normally post up and has strong fundamentals, and I have built up come community here over the years.
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14 February 2025 | 5 replies
Quote from @Nadeem Alamgir: Hey Brandon, those hiccups sound pretty normal, especially with an older property.
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16 February 2025 | 5 replies
I normally advise that people start a business as a sole propeitor in their first year.If it is successful and something you want to continue, then have a conversation regarding entities.
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11 February 2025 | 13 replies
@Lucas DeAndradeWith the investors I work with they are normally acquiring and average of 4 properties.
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12 February 2025 | 2 replies
It's totally normal for it to take some time, often about a month or so.
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18 February 2025 | 5 replies
In this case, correct, 1031 exchange is not available. 1031 exchange is property for property, and an interest in a partnership normally is not (with a few rare exceptions, so you may want someone knowledgeable to give you a second opinion for your particular situation, which requires reading your inheritance documents.)Whether or not you have any mitigation strategies totally depends on your specific situation and requires a one-on-one.
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19 February 2025 | 11 replies
And you need to be sure they are a good fit with your lifestyle.
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11 February 2025 | 31 replies
We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.