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1 October 2018 | 1 reply
Andy LundsbergBull RealtyErnie EdenEden Realty ServicesKurt McGarryMarcus & MillichapJake ReidFranklin StreetJeff KoonCarriage House RealtyAnthony LacyLacy & AssociatesAdrian ProvostMarcus & MillichapFor larger deals, these are some great contacts: Tai CohenCushman & WakefieldTyler AverittCushman & Wakefield John McCallaBerkadiaJudy MacManusBerkadiaI was not allowed to post their email addresses or phone numbers, so feel free to PM and I'll send you this list with their contact info.Best of luck to you, Aaron!
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12 October 2018 | 5 replies
If doing a house flip and spitting profits 50/50 (money/rehab work), are the profits spit after subtracting capital gains tax or before?
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2 October 2018 | 10 replies
Its my understanding that since the property is owned by the IRA, all profits have to go into your IRA.
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4 October 2018 | 3 replies
@Sandy ScialesThat's what wholesaling is - buying damaged properties deeply enough that a rehabber can purchase from you, do the repairs, and make their own profit when they sell.What you need to know before you go is the ARV (after it's repaired value).
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3 October 2018 | 22 replies
I do not know about others but I have never, not ever put profits over human health and well being.
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2 October 2018 | 10 replies
If you find it is too much of a headache to keep then sell it and take your profit.
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23 October 2018 | 7 replies
They get the money you wanted to get to them from the lease between you and them, and you make your cash flow/profit from the spread between the two leases.
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2 October 2018 | 5 replies
Your would-be short capital gains tax just moved into long capital gains tax and you'll be able to keep more profit.
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4 October 2018 | 1 reply
Please note any unpaid preferred return will be accrued:Senior debtholderRepayment of capital and any accrued returns to meet the 9.0% preferred returnAt sale investors will receive their pro-rata share of 25.0% of the remaining profits
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27 October 2018 | 15 replies
We have an "accidental" rental house in rural Missouri that was originally bought as a primary residence and taught us all about what doesn't make a rental house profitable, so that is the extent of our experience so far.