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16 October 2021 | 0 replies
Finally after being paid out on September 2nd n after calling daily and sending messages emails every day I got a response on October 14th that in 7-10 days I’ll receive my funds back I should have them in my new account by October 25th
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18 October 2021 | 7 replies
Some landlords prefer to engage more with their tenants, some even on a first name basis.
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27 October 2021 | 5 replies
. $75 fee on the 6th and an additional $10 per day every day thereafter.
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28 October 2021 | 3 replies
I watched the market everyday I knew my magic number and as soon as I saw this baby go live I booked the showing.
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25 October 2021 | 8 replies
First lien basis, so you can’t borrow the down payment from them.Most lenders want a borrower to have a certain amount of skin in the game, so LEGALLY being able to put together a nothing down deal is MUCH more difficult than it used to be.A good-great deal can be syndicated, but the money investors want the vast majority of equity ownership, leaving relatively small amount of equity for the “promote”.
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27 November 2021 | 7 replies
I do not mind doing grunt work on a part time basis to HELP someone grow their business and make money.
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26 October 2021 | 8 replies
Having an app or software that you aren't using everyday isn't helping anything.
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28 October 2021 | 15 replies
In other words - there are plenty of markets in the U.S. right now that don't provide a positive cash flow, but there are investors investing there every day - some markets in CA have properties being outbid by over 100k!
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2 November 2021 | 9 replies
Your remodeling expenses should get added to your basis as an "improvement" and be depreciated.
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30 October 2021 | 2 replies
If you spoke to a CPA and didn't get a proper answer is either because of one of the following1) You got a free consultation and they didn't go into the details as that is out of the scope of a free consultation2) You chose a wrong CPA to work withAn appraisal that shows a higher value than what was paid(basis) has no impact on what the new basis is as a result of divorce / transfer.The fact that the property is currently rented means that there must be a basis calculated for determining depreciation.