Landon Sheveland
LLC for Renovation Costs
23 December 2024 | 3 replies
@Landon Sheveland People do fix and flips while living into the property to classify the property as primary residence and not pay any capital gain taxes. if that is your intention, don't use LLC to establish this as your LLC.If your goal is different compared to what I said above, you can use LLC.
Travis Timmons
AirDNA top STR markets to invest 2025
25 January 2025 | 25 replies
And my goal of trying it out would just to get familiar so I could potentially buy in a much better market.
Pavan K.
House not rented for 100+ days
16 January 2025 | 12 replies
Long term goal is Property Appreciation.Brand new single family home with 3000sqft (+ additional 1200sqft unfinished basement) on a 0.25 acre lot.
John Rose
New Investor from Texas
28 December 2024 | 6 replies
Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.
Renee R.
Property Management vs Self Managing in San Diego
24 December 2024 | 8 replies
Assess Your Goals and Current Structure: Beyond replacing your handyman team, it’s important to evaluate your portfolio’s current management framework and clarify your long-term objectives.How are responsibilities currently divided among you and any co-owners or family members?
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".
Eric Miller
Better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
27 December 2024 | 13 replies
@Eric Miller Choosing between one $600k property at 70% LTV and four $300k properties at 95% LTV depends on your goals, risk tolerance, and management capacity.
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
Everyone knows who the new person is and the goal is always to mess with them and test them and try to get them to spend their money on the junk so we can get the good ones.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
The book, as you know, goes over the questions you should be asking syndicators, ask Goodegg those questions and get a feel for how they align with your goals
Stephanie Medina
How to leverage 401k accounts
27 December 2024 | 3 replies
A tidy profit, plus confidence to tackle the next project solo.On the topic of self-directed IRAs: While they’re fantastic for gaining experience and diversifying into real estate over time, they can feel restrictive if your main goal is scaling quickly.Here’s what I’d focus on:Using Equity Wisely: A HELOC or cash-out refinance could unlock funds to pursue a flip or duplex without touching your 401(k).Partnering Smartly: Your realtor friend sounds like a great resource.