Marcus Welson
1031 exchange identification deadline extension
9 December 2024 | 2 replies
Proc. 2018-58 -SECTION 17.02(1)'s provision that "However, in no event may a postponement period extend beyond: (a) the due date (including extensions) of the taxpayer’s tax return for the year of the transfer."3.
Ben O'Neill
How to calculate ROI with multiple loans on purchase property?
19 December 2024 | 5 replies
For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
As someone who's relatively new to the Fix-N-Flip business, I'm fortunate to have a mentor guiding me, he's successfully completed 37 flips to date.
Felicia Richardson
Reliable Foreclosure Websites
14 December 2024 | 11 replies
It’s free and that is one way to get free listings.judical states also have to file a lawsuit and you can search civil suits or contact sheriffs offices to get the calendar and listing for foreclosurespaying for a site is all in one and maybe worth it compared to how much time you are spending searchjngif you stay in one area then I recommend what I mentioned
Jamie Banks
ALE Solutions Win
15 December 2024 | 38 replies
You list your property on their sites and wait for them to have a need in the area.
Katie Roche
Rent to Retirement...Proceed with Caution
16 December 2024 | 3 replies
The entire site is listed with a bunch of hell-nos.
Blake Kirby
1031 Exchange Phoenix vs L.A.
21 December 2024 | 6 replies
https://www.forbes.com/sites/amydobson/2019/09/12/these-10-cities-will-be-the-most-vulnerable-when-the-recession-hits/#355288432aa1@Ryan SwanCan you explain the high tenant demand?
Marc Shin
contractor is threatening to take me to court
13 December 2024 | 20 replies
I recommend you pay him the final amount, but get a lien release, in advance, that says if you pay him this final amount, he will have been paid in full for his work and no further liens can accrue.I believe a mechanics lien once filed generally initiates a court date to substantiate the claim.
John Geldert
Looking to start a Real estate Meetup in the Poconos
10 December 2024 | 53 replies
We have finally decided on a date and location of the Poconos Meetup, it will be held on Oct 6 @ 7PM.
Michael Wentzel
Selling portfolios of properties... use agents or loopnet or another strategy?
13 December 2024 | 9 replies
I am not affiliated with any of the sites!