Justin Brin
Will you allow your tenant to paint the walls of your house?
3 May 2024 | 25 replies
@Steve K.
Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
8 May 2024 | 112 replies
Quote from @Jay Hinrichs: Quote from @Steve K.: Quote from @Jay Hinrichs: Quote from @Kelly Farmer: Quote from @Engelo Rumora: Quote from @Kelly Farmer: Quote from @Jay Hinrichs: Quote from @Kelly Farmer: Quote from @Engelo Rumora: Quote from @James Wise: If someone is going to cry about their ROI% on 1 rental property over a tiny 3 year window, it shows that they have fundamental lack of understanding of how the rental property business works.When cap rate and ROI estimates are provide, that is a general indication of the how the average of properties in that asset class will perform over time.At any tiny window with 1 small sample size you can greatly outperform and underperform.
Jorge Abreu
The Benefits of Real Estate Funds and How they Work
2 May 2024 | 8 replies
Customizable funds like those provided by Avestor combine the best features of traditional blind funds and individual syndications, providing individuals the ability to pick and choose individuals deals and still get the benefits of the fund like a single K-1.
Sharon R.
Virtual Closing comfortable and safe?
2 May 2024 | 6 replies
Quote from @Steve K.: You're smart to be diligent.
Jeff Lawlor
Where to Find Brokers to Lend Out My Capital?
2 May 2024 | 45 replies
@Rob K. gave you some great advice.We’ve been lending our own hard-earned money toward CA flips since 2010 and couldn’t be happier.
Account Closed
Subject To vs Wraps Similarities and Differences Part 1
29 April 2024 | 7 replies
If the payment is $1,234,56 your #1 payment is $1,234.56 to the lender and if you did a Carry back of $50,000 @ 4% your Carry Back payment is $238,71 to the sellerThere will be more in Part 2 of Subject To vs Wraps Similarities and Differences Part 2Numbers 5 and 6 of similarity are dubious as a practical matter.A seller can always interplead you (the buyer) in a mortgage foreclosure so you have no protection from a deficiency judgment.From one of your prior posts to me when I took you guys to task about “subject to” you remarked that it’s just numbers.
Alicia Marks
JV agreement signed- accountant says I can't use for taxes
1 May 2024 | 2 replies
Assuming this is proper in your situation, with treatment of a tax partnership, reporting would be as such with a Form 1065 filed, claiming all rental income and expenses, and then issuance of a K-1.