Aung Satt
are there any skip tracing websites high on accuracy?
11 December 2024 | 13 replies
It hits every nail on the head and I see it everyday where everyone acts like sheep and just follows the herd because some guru told them too.
Asma Shah
Section 8 investing in Cleveland
14 December 2024 | 36 replies
I'm trying to look for a course on how to better understand valuations and also tax liens in different states, so as to form better & tax efficient structures under which to invest in different states.
Hector Espinosa
The Biggest Lessons You Have Learned in Real Estate in 2024
13 December 2024 | 3 replies
I saw someone post in a group who I think is a schmuck brag about hitting a specific figure for their training and I just shook my head - like wow - this person is a great sales person and just steals the same lines from the business book about working hard and throwing out some slick slogans - but man oh man - when real estate gets hard people move to being a guru - just look at FB ads right now - many are not funds anymore but how to raise money, how to do X.
Bob Beach
Seller Financing. Good idea?
19 December 2024 | 13 replies
I’ve used seller financing as both a buyer and a seller and it can make a lot of sense in certain circumstances (for example I used it as a buyer when I reached the maximum number of conventional loans I could get, and I’ve used it as a seller to both increase my net proceeds (due to collecting interest as “the bank” in addition to the sales proceeds) and to lessen my capital gains tax hit by spreading it out over a few years).
Ugo O.
Calculating ARV and the 70% rule
12 December 2024 | 7 replies
Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level.
Julie Muse
Raymond St Revamp: Partnering for Big Results in Richland!
9 December 2024 | 0 replies
Partner Driven’s efficient project management ensured on-time, cost-effective improvements.
Ryan Cousins
San Diego - Where to look?
19 December 2024 | 22 replies
A friend of mine recently uncovered a pocket listing in La Mesa that hadn’t even hit the MLS.
David Mile
WHAT IS A 1031 EXCHANGE AND HOW DOES IT WORK?
16 December 2024 | 2 replies
Essentially, a 1031 exchange is that neat little trick in the U.S. tax code letting you swap out one investment property for another “like-kind” property, all without taking a tax hit upfront.
Ben Johnson
Rental Income only - HELOC (accessing equity in hard times) HELP!
15 December 2024 | 12 replies
Either1) your startup takes off and you can distribute profit fast enough to pay off your debts, or2) you find another source of $100,000 a year (which barely even starts to pay down the $300k, but might provide a better chance for a better loan), or3) you BK and possibly lose the rental houses to creditors (hopefully not, but we don’t know how they are held), or 4) you sell the houses, take the tax hit, work with the IRS on a payment plan whose interest will be much lower than your CCs, and focus on the startup.
Jake Baker
Co-Living (rent by the room) BRRRR
11 December 2024 | 10 replies
Totally not efficient, but its something we may have to do.