Mike McFadden
wholesaling
19 March 2015 | 14 replies
Therefore, people who have lived in their homes for 20 plus years all over Denver are reading these same stories and listing their property to extract the maximum value possible and therefore cutting margins to razor thin proportions for flippers.
Julian Buick
Commingling funds
9 December 2015 | 5 replies
@Julian BuickThis is a tricky question, and one to which you will likely get different opinions based on who you talk to.The IRS is not specific on this issue, and there is not any case law that we know of you can rely on for guidance.The key premise with the IRA is that there can be no direct or indirect benefit between the IRA and a disqualified party - in either direction.Many tax professionals are comfortable with the idea of joint venturing between IRA and personal funds, so long as:The investment is entered into jointly on day one (you cannot sell or exchange interest between the parties).The initial equity percentage is maintained throughout the life of the transaction, so if you initially fund 50/50 or 70/30 or whatever, you stick with that.The caveat is that in order to avoid any kind of "indirect" benefit, neither party should be enabled to participate in the transaction due to the presence of the disqualified funds.
Kate Cavanaugh
Is the 1% rule that important?
7 December 2020 | 18 replies
The 1% rule is a quick, surface assessment that enables you to quickly identify properties worth pursuing.
Katherine Rossell
Inherited Our First Problem Tenant, Please offer any suggestions!
27 September 2023 | 28 replies
It's bad enough that we (myself included) often enable bad behavior, but we certainly don;t need to actively encourage and reward it.
Kevin Chen
Purchasing and Managing Out-of-state Property
7 April 2020 | 18 replies
I'm also a fan of internet shopping the MLS to death and extracting all the data I can.
Michael Swan
Should I Stay or Should I Go Now? If I Stay There Will Be Trouble
24 April 2018 | 240 replies
However I am father of three kids and two of them are very talented soccer players in San Diego which I wanted to support and enable them more chances of success, that is the reason why I was looking into financial independence.
Patrick Froehlich
Anyone begin their real estate journey in their late 40s?
25 March 2023 | 193 replies
It has enabled me to retire without fear of life in penury.
Matthew McNeil
Brandon Turner Nails it on the COVID-19 Rent Due Advice
26 March 2020 | 50 replies
If I can help by enabling you to be better leveraged knowing it’s also going to help me in the end where-by we both mutually benefit then why not?!
Joseph Cacciapaglia
If the Market is Crashing, Then Why Aren't You Selling?
16 May 2020 | 156 replies
Then we'll have a real buyers market and some better, opportunistic pricing.The last crash enabled many of us to buy very cheap properties.
Jourdain Francine
Maintenance man charging percentage of tool set value?
3 June 2020 | 32 replies
On development proposals that large contractors bid these are the things that need to be accounted for, and they way they do so and enable themselves to low bid while still being profitable is to bid extremely accurately.