Jeff Klein
"1031 Cooperation clause": Should I include it in my sale contrac
17 July 2018 | 8 replies
The Qualified Exchange account set up - between you and the bank and QI.When the mechanism is applied this way you neither sell or buy property officially - you "exchange" with your QI.
Anthony Howell
Creative way for down payment
15 July 2018 | 3 replies
For me, it was a 5 year repayment (each paycheck), with 5% interest back to my account.
Bob Floss II
Question on buying an operating Airbnb
16 July 2018 | 2 replies
It might be possible to 'take over' seller's account, but that can get very messy and is probably against AirBNB's rules.What I did when we bought an AirBNB unit: at the top of the listing was a line that said the the unit was under new ownership as of month/year, and to check out all of the great reviews at <link to old listing> and that nothing has changed.
Ahkeem Smith
Brrrr strategy explained
16 July 2018 | 1 reply
So, with the $72,000 you received from refinancing you would have a profit of $47,000 after taking into account the $10,000 you put down on the first house and the $15,000 in rehab.
Eddie Starr
Research on funding: SDIRA/Solo401k, Equity, etc.
18 July 2018 | 6 replies
The initial goals of the workshops would be to present information to open them into the concepts of using retirement money for investing, and to provide them with the sites of the companies that are admins/custodians of these type accounts, so they can do additional research, and to also point them to the SEC info.In holding these workshops, I'm looking at establishing “Pre-Existing” and “Substantive” Relationships; realizing that this is a long-term strategy.With the idea of it being passive for the investors, my thought is for them to invest in my LLC, and then the LLC buys assets, which I'm thinking to focus on commercial; possibly businesses with strong cash-flow that are also selling real estate as part of the transaction.I'm also thinking, in the workshops, to possibly include those with equity in their properties.
Ryan P. Kotschedoff
If you went back to 16 years old, what would you do different?
17 July 2018 | 7 replies
Every paycheck, every bonus. 15-20% goes into your bank account that you’ll use for investments (real estate, Roth IRA, 401k if company matching, Vanguard brokerage account).
Joseph Ammar
Friendly Short Term Rental Cities
3 September 2018 | 41 replies
I use both platforms.Slightly off-subject, but I'll point out that AirBNB accounts for 45% of my bookings, but only 30% of revenue.