28 August 2024 | 1 reply
For one thing, we have 2 BP meetups per month in Asheville.
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29 August 2024 | 6 replies
For example, if you invested $100K and after 10 years the value of the investment is $200K, one could cash out the entire $200K tax free.
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28 August 2024 | 5 replies
You need to provide them with the LLC information and the trust documentation when opening an account.I have opened bank accounts for the trust and for LLCs owned by the trust at multiple institutions, including one of the four major US banks, local banks, local credit unions, online banks, multiple major brokerage houses, etc.
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29 August 2024 | 4 replies
Sure, strange things happen but, if there's 30-40+% chance of rain one day, "we" aren't doing a re-roof then!
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29 August 2024 | 2 replies
Great breakdown @Julio Gonzalez , really helpful to understand Cost Segregation.I want to add one reminder for all of us, Land is never depreciated, so the basis value ($641,100) of the property above NOT includes land value.
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30 August 2024 | 12 replies
All depends what you are looking to spend, what kind of tenant you are looking for, and what your values are for cashflow/appreciation.Once you ask yourself these questions, then you can start to pinpoint areas that best suit your needs.Also, RE is one of the investments that can become less risky the more you spend - ie a good location
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28 August 2024 | 9 replies
One thing that will remain true for all is the outlier buyer who would want it either vacant (perhaps for their own business), or easily turned vacant.
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28 August 2024 | 4 replies
Most mortgage companies require a mortgage to "season" for one year before they'll sign a partial release of mortgage.
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28 August 2024 | 1 reply
Purchase price: $75,000 Cash invested: $75,000 This is a duplex with 2 bedroom/1 bathroom on one side, and a 1 bedroom/1 bath on the other.