29 February 2016 | 5 replies
This site has tons of info to offer in regards to investing and make sure you use your pro super powers in analyzing deals: https://www.biggerpockets.com/analysisSee you around Annie!
30 November 2015 | 12 replies
When an owner can't sell the whole shooting match, this gives them an exit.Accounting wise, the first year you carry your asset at cost, but since fractional interests are less valuable than a majority interest or equal interests after a year you can adjust to the fair market value claiming the percentage ow ownership, in other words, real equity.Even with a minority interest you can take full charge of ownership duties, including the power to sell!
21 September 2016 | 65 replies
You might never see them post at all.This is a very powerful site not just because what you see on the forums but all the other benefits that come from this site offline.The best thing I can say is get educated and be the best in your field and share that knowledge.
2 February 2016 | 36 replies
So while you have the earning power, the youth and the energy you must JUST DO IT!
17 November 2015 | 3 replies
My concern about option A is the cost but I'd still like additional perspectives.
20 November 2015 | 12 replies
Originally posted by Logan A. is very correct that an S corp would be preferable to an LLC for flipping.
23 November 2015 | 9 replies
Not attempt a 1031 exchange when their intent is to hold real estate productively simply because they are afraid their intent won't be believed.There is wisdom in many counselors and it is in working with your professional team that you will find wisdom to decide whether or not to use a 1031 on a sale.One powerful trend that @Zachary Curry is referencing though is the tool of the reverse exchange and the increasing willingness of lenders to make those kinds of bridge loans that allow investors to lock up their next project at today's prices while positioning their current property so it can enjoy longer gains and further establish intent as use of qualified property.
2 November 2015 | 5 replies
First learn the many ways to control real estate, use some power prospecting techniques, find below market houses, control them with a skinny or hybrid contract offer subject to assignment.