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16 January 2019 | 8 replies
Just saying there are products out there that you can use to achieve your goals without stretching the truth or lying by omission.Pro tip of the day: There are numerous no income verification loans for investment properties on the market today (business purpose loans) that require you to close in an entity and you can use a new LLC.
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8 October 2018 | 106 replies
I'm not saying you should let agents double end, or that that is the best practice, but if the goal is to lock up properties faster and easier before a competitive bidding war happens, it does work.
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3 October 2018 | 7 replies
You can also structure a sliding purchase price depending on when option is exercised - again do this in the option not in the lease.Or... since you're wanting to "tie up loose ends" you also may want to take that property with you to OKC and use it as the war chest to leverage your first rentals there.
5 October 2018 | 1 reply
After a few years I decided its not the career for me and I decided to get into real estate after reading numerous books and listening to podcasts.
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13 October 2018 | 8 replies
Hop on the slow train and build your war chest apart from this house for a while.
28 December 2018 | 6 replies
After analyzing numerous pitman properties, I'm finding that the high taxes really eat up cash flow.
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5 October 2018 | 29 replies
I have numerous class C rentals in Tennessee and a couple of them are duplexes.
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5 October 2018 | 2 replies
I own a brokerage and have helped numerous people with no strings attached.
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4 October 2018 | 0 replies
It only took a short while for the book Rich Dad Poor Dad to be mentioned numerous times in the podcasts.
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10 October 2018 | 5 replies
Depreciation allows for the biggest ongoing advantage from a tax basis.During sale events always be aware of the ability to 1031, which essentially lets you defer your capital gains til your 'endpoint' - and do like kind trades with no tax events.There are numerous experts on those vehicles active on these forums.