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27 July 2020 | 1 reply
Such as; how/when to sell properties, when to use a property manager, how long to hold properties, how each person is required to contribute, etc.
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26 July 2020 | 26 replies
You need far less than their gross income... because they likely wouldn’t have to cover payroll taxes, 401k contributions, etc.
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26 July 2020 | 6 replies
It definitely scares me to think about rerouting my Roth IRA contributions elsewhere, especially when I'm essentially earning ~7% interest by doing nothing.
29 July 2020 | 15 replies
There are several here on BP that contribute, including Kim.
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25 July 2020 | 0 replies
Curious as to how others are dealing with the 2017 TCJA tax change whereby promoted interests are now taxed as ordinary income instead of capital gains if you hold for less than 3 years: https://www.aprio.com/whatsnext/new-rules-carried-interest-rules-pit-cre-investors-against-developers/I have a partnership pending where my 30% cash contribution plus 1-2 years of sweat equity will result in a 50% share of profits over a 12% project-level IRR.
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25 July 2020 | 1 reply
Needless to say, we believe we chose our location well and are super excited to improve Uptown Villas to contribute to the health of this growing area. https://www.dreamstoneinvest.com/ What made you interested in investing in this type of deal?
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26 July 2020 | 1 reply
This is what I would do, and if you fund your deals with hard money, you typically only have to contribute 20% of the "all-in" cost of the rehab (i.e. purchase price + rehab costs).
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10 September 2020 | 183 replies
Never heard of anyone getting fired over maxing out their 401K contributions....
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28 July 2020 | 23 replies
She didn't contribute any cash to the property, but there was no way a bank would lend to me being an inexperienced 19 year old with questionable income sources.If you have a person who could do this for you it might be all you need to help make a bank have faith in the situation.
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3 September 2020 | 50 replies
Looking forward to the local series and possibly an amazing opportunity to be a contribution to it.