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13 November 2024 | 2 replies
Without their signatures, the deal was in jeopardy.After some negotiation, her older sister agreed to sign, but she had one unusual condition: she wanted to keep the home’s vintage crystal doorknobs.
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25 October 2024 | 2 replies
I love the BRRRR method, having scaled my real estate portfolio from just 2 units to 18 in 12 months (From 2 units to 18 Units in 12 Months), and later from 18 to 60 units in the early months of the COVID-19 pandemic (18 to 60 Units During the First 9 Months of the COVID-19 Pandemic).
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29 October 2024 | 33 replies
At first, I wanted to just save it to build up enough investment funds to move to my next deal, but open to suggestions.Any advice on steps to take to move in the right direction if you were in my position is greatly appreciated.
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13 November 2024 | 2 replies
The problem is that most wholesalers or off-market acquisition folks are being "trained" to follow a script, not solve a problem.
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22 October 2024 | 3 replies
He came to me to see if I would be open to co-owning the property.
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21 October 2024 | 4 replies
Currently, I'm diving into wholesaling as a way to generate revenue and build up the capital needed to take on my first fix-and-flip project.
22 October 2024 | 9 replies
UDFI typically arises when debt is used to acquire or improve income-producing property, and the proportion of income related to the debt can be subject to UBIT.
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22 October 2024 | 14 replies
This may seem like a naive/juvenile question to someone of experience, and I'm new so here it goes.What positive/negative sides are there to having a lender who isn't local to the area I'm looking to purchase?
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28 October 2024 | 34 replies
Yes, but you can only use bonus depreciation on the portion of the value of the property that isn't attributed to the value that came from the exchanged property.
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23 October 2024 | 1 reply
In my experience, I don’t usually see a huge advantage to renting by the room.