Erik Sherburne
How leveraged are you?
19 March 2018 | 87 replies
Ok then, group, a related question - how big is your reserves/business emergency fund?
Chris Nash
Newbie in Tacoma, WA
29 March 2018 | 10 replies
Have a look at their web site, there is a meeting tmrw night.
Geoff Harris
Fire damage to rented home
13 March 2018 | 0 replies
It’s very unlikely to have been related to the home’s systems, since it’s a brand-new house.I believe I have a handle on how to proceed, but I’d appreciate any advice on how to handle security deposits with regard to cause, and tips on dealing with insurance.
Account Closed
Not Paying All Cash For An Investment Property
24 March 2018 | 33 replies
"Cash" in real estate is a relative term.
Stephen Spradley
Tips for a soon to be agent
14 March 2018 | 3 replies
I see a lot of newer agents if they don't have a warm market or sphere to tap into.. they will get on a big producers team.. this can jump start you.out our way agencies have lead creation systems and will literally hand you web leads for listings or sales.My wife had taken a few year hiatus and to kind of jump start ( her normal business is referrals) but she wanted to work some leads and get going and it worked very well she made many sales and got a few listing which in this market is simply money in the bank. find your niche.. and remember 95% of agents all try the same thing.. you may want to specialize.. and commerical agents though dog tough to start if you make it.. its a really good business once your established.
Jessica Beard
Looking to purchase my first investment property out of state
21 March 2018 | 33 replies
The reports are 40-90 pages long and go through the entire house in great detail.Get an appraisal.
Jesse Os
Requesting Seller's / Landlord's Tax Return
15 March 2018 | 17 replies
And to be clear, I'm not talking about personal tax returns, only the schedule "e", as it relates to the property I am looking to purchase.
John Umphress
Looking for buy-and-hold MF in midwest or southeast
19 March 2018 | 12 replies
The reports are 40-90 pages long and go through the entire house in great detail.Get an appraisal.
Mike Dizgun
Structuring Deals with Investors
14 March 2018 | 2 replies
I have a couple of questions relating to this:1) I was hoping to get some peoples take on what they think we should offer as a structure to potential investors.
Spencer Wetmore
How to report taxes on flip between tax years
18 March 2018 | 5 replies
Hopefully this will clear things up:You are correct with your understanding that you can't write off any costs related to inventory (the house) - whether that be the cost of the house, or items to improve the inventory (like lumber, paint, contractors, other flipping expenses).However, if the cost does not relate to the purchase or improvement of inventory (the house), it can be written off as operating costs, as you noted.