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10 July 2020 | 2 replies
My goals in detail for my first deal is below:-Single family-Producing at least $100 in cashflow-Looking for B class property in C class neighborhood (Not looking to do too many renovations)-Stable area with stable tenants-This is an OOS property so an area with great and reliable PMs/Agents/Contractors-Conventional Financing for 30yrsNot sure if the Molina, IL area meets my criteria.
9 July 2020 | 2 replies
This then produces positive cash flow each month :)
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13 July 2020 | 63 replies
Government just created trillions of dollars, money can be produced and is plentiful.
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26 July 2020 | 14 replies
As long as this doesn't introduce the exact same asset class it can be a neutral or a positive factor, but it is churns out 75-250 more of the same produce then you'll see longer period of "no-appreciation", otherwise known as "stagflation"
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10 July 2020 | 3 replies
If a club has remained innovative and active during covid - Awesome.
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10 July 2020 | 0 replies
Where is cash flow underwriting going–what is the next innovation, and why hasn't that happened yet?
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12 July 2020 | 11 replies
What other options are there if the 60 day notice doesn’t produce an exit?
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11 July 2020 | 5 replies
They can only do what both sides agree to and do NOT provide advice even if they have lawyers on staff.I guess my one issue is - Does the escrow officer have experience with comm (ie income-producing) properties?
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13 July 2020 | 22 replies
I assume you can produce receipts for the water mitigation and drywall replacement.
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13 July 2020 | 2 replies
I'm a rental scenario you get to take depreciation on the building, taking a small slice each year.If you start buying rentals and they produce losses, unless they qualify to be grouped with your retail activity, likely they'll be considered passive losses that you''ll be unable to use against your active retail income.In the end if you payed that much in tax, likely you made a respectable chunk of money (assuming all your expenses were correctly picked up), and the tax just comes due.