Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report. hmm, that website is a 404 error.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
A business line of credit through your LLC protects personal assets, builds business credit, and may allow interest deductions, but it might be harder to secure for a new LLC.
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 replies
These programs offer options for less money down and in some cases DPA - Down payment assistance.As a banker for over 18+ years I am very skeptical when I hear a new name in the business only because its become tougher to lend with all of the new laws and credit/insurance requirements and regulations.
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
16 January 2025 | 4 replies
Not only will lenders be effected, but borrower credit, business loans, inventory, and auto credit will suffer when those effected have to relocate, find long term replacement housing and their livelihoods and income are destroyed.
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
Some take on the business w/o having the proper systems in place to deal with low-demographic tenants & properties.We also see owners being part of the problem - expecting Class A fees, service & results from their Class C & D properties.
Melanie Baldridge
My opinion: 401K VS RE
22 January 2025 | 8 replies
If you have your own business/self-employed you might qualify for a Solo 401(k) or multi-participant 401k whereby you can self-direct into real estate with those funds.
Victor Yang
NC residential equivalent of a NNN lease?
20 January 2025 | 3 replies
Business owners won't want to get tied up in litigation and if there is a good chance they will lose, it is easier to simply follow the contract.How would that work with a lower-end tenant?
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
13 January 2025 | 1 reply
I'm looking for advice on a situation with an investment property my business partner and I purchased in June 2024 under our joint LLC in Springfield, OR.
Steve R.
Evicting tenant who's made partial payments. Do I need to give them 30 day notice?
18 January 2025 | 3 replies
As soon as a tenant fails to pay rent, you can file a complaint without waiting 30 days or issuing a separate notice (unless your lease requires one).That being said, it could be a waste of time/fees to run to court because tenants in NJ may come even on rent (even after you win the eviction case) and then they won't be evicted: “The tenant shall have three business days after service of the warrant for removal to pay all rent due.”
Denice Doron
Newbie to real estate investing.
15 January 2025 | 5 replies
Would love to connect and be a resource to you anyway that I can - I'm a realtor, and investor in the area and have some tips & tricks you can implement into your business and see if it helps!