James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
But it sure seems like as long as the federal government keeps bailing them out no policies will ever change.
Alex Silang
Mass deportations: will it affect rental markets?
22 January 2025 | 61 replies
Let’s suppose the Federal Government deports all these folks as suggested by Trump.
Matt Rulnick
CLT Real Estate Agent new to the forums
6 January 2025 | 2 replies
Hello everyone,My name is Matt Rulnick, and I am a Residential Real Estate Agent in Charlotte, NC.I was just introduced to this forum via an Investor Client, and look forward to getting acclimated and interacting with ya'll.If there is anything I can do to assist prospective buyers and sellers in the Charlotte, NC area, don't hesitate to reach out.Matt RulnickMatt.SearchCharlotte.com
Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
20 January 2025 | 3 replies
@Muhammad Kashif Flipping a property in 6–9 months results in short-term capital gains, taxed as ordinary income (up to 37% federally, plus NJ state taxes up to 10.75%).
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.
Melissa Conner
Agents that are landlords or work with owners of rental properties
6 January 2025 | 4 replies
Quote from @Melissa Conner: If you are an agent that is a landlord or you work with owners of rentals- you/they Just called Melissa.
Nicholas Davaul
Katy/West Houston Investors, Agents, PM, Contractors -- Let's Connect!!!
7 January 2025 | 3 replies
My wife and I are real estate investors based in Katy, and I/we are looking to connect with local investors, real estate agents, property managers, and contractors in the area.
Anna Zimmerman
Up and coming neighborhoods to flip a house in 2025?
15 January 2025 | 4 replies
I wouldn't live anywhere except Fells Point, Canton, and Federal Hill.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
The agent discourages you from visiting.This is a major red flag.