6 October 2024 | 33 replies
When someone presents to "tap" Private-$ we want to do as little thinking as humanly possible, that's to say the burden is on you the proposed borrower to present a complete, detailed "pitch" outlining the allocation of every cent, contingencies, time-lines, data supporting each action item.
15 November 2024 | 7 replies
Changes some of my answer below, but here would be most of the types of transactions you would have in these accounts and between them.Property transactions would be: all property specific rents and expenses, allocated expense transfer to the master LLC and transfers to master LLC bank account for profit AND/OR property management fee.Master LLC transactions would be: Shared expenses going out, reimbursements/transfers from properties for their allocated share of those expenses coming in, the transfers from your properties deemed as profit AND/OR property management fee and then transfers to your personal accounts deemed as owner distributions.Other transfers that could occur is if the master LLC needs to transfer to the properties for capital expenditures above and beyond the reserves you might leave in their accounts.
22 November 2024 | 15 replies
I'm thinking a house hack with a V.A. loan so you could slide with that 0% down and allocate funds for repairs.
20 November 2024 | 19 replies
Being able to pick their brains is always helpful, both their successes, red flags, war stories, etc.And as Jonathan mentioned, the very first step of actually taking action is knowing how much money you have to allocate to buying a property, fixing up a property (if needed) and how much a bank will lend to you.
9 November 2016 | 12 replies
That said....Your post seemed a little bit like you're unsure how you want to allocate your money.
15 October 2024 | 2 replies
I decided to invest in a GROUNDFLOOR property with funds I've allocated specifically for hard money investment.
11 November 2024 | 12 replies
Private interval funds generally target 15-20% of their allocation to short term investments or reits so they can satisfy investor redemptions after a shorter lockup (usually 2-3yrs), of course this may create a cash drag on returns if not managed appropriately.
29 October 2024 | 0 replies
Assets identified in this study include:Bathroom Fixtures: Bathtubs, vanities, showers and toiletsStructural Components: Drywall, wood framing and interior partitionsBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileSmoke detectorsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
26 October 2024 | 10 replies
And unfortunately, even when a syndicator is performing above projections, if the stock market comes down, that LP is likely going to stop investing based on asset allocation rules.
3 December 2024 | 10 replies
I have my separate allocation of funds exclusively for investment property.