12 May 2024 | 2 replies
I need to decide to sell or hold and im wondering if anyone can reccomend the resources or techniques to research the things i mentioned?
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12 May 2024 | 5 replies
Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.
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11 May 2024 | 4 replies
I've been trying to connect with local wholesalers to get on their distribution lists, so I'm right at the heart of the action.I'm based in McHenry, IL, and I'm on the lookout for tips on finding like-minded people in the area.
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14 May 2024 | 164 replies
.- Real Estate is an amazing tool, buy right and just do DSCR 0.9 and that's it keep it for forever- We are the sub 3% rate owner basically we're living for free paid by the US gov/lendersAgain both investment has its own techniques to mastery both skillsets, we can become Ninja in Stock or Sam Zell-like in Real Estate, the trick is to keep learning and educating ourselves.And I am not selling any class lolJust want to point out that if market crash tomorrow (other than 401k), it is okay, we can make money either way.
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10 May 2024 | 6 replies
One benefit of equity investors is that you can tell them that distributions won't start for 3, 6, 9, or 12 months after you close, giving you breathing room to get the property on the upswing before distributing cash.
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10 May 2024 | 12 replies
Be a DON'T WANT-ER - always be willing and ready to walk if you can't get a good deal - And understand that you can always come back to that seller later and begin Second Stage NegotiationsAsk the 7 wordsAlways consider a subject to offerAlways ask for seller financingUse the Study Period Clause with right of possession to control properties without cashOffer seller participation - this is a great way to close dealsOffer something other cash - a note secured by your other equities, an unsecured note, a Principal only mortgage (using this technique you can offer more for the building since you are not paying interest - and as you know a direct reduction mortgage will pay off much faster.
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14 May 2024 | 125 replies
Check out the Syndication and Multi Family forums for stories of paused distributions, people losing 93% of their principal invested in deals gone sour.
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10 May 2024 | 4 replies
A common way to build a portfolio quickly is to use creative, out of the ordinary, purchasing techniques.
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10 May 2024 | 1 reply
(might be besides the point)The distribution from the first S-Corporation would be a deemed sale for tax purposes.
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9 May 2024 | 9 replies
Once the property is renovated and sells, do the proceeds come back into the new LLC and then are distributed from there to each couple's existing LLC?