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Results (10,000+)
Navid A. How to get paid after a flip
2 September 2019 | 19 replies
There is not much you can do now to save on taxes except might establish some tax deferred retirement account ,if possible/applicable.
Tanuja Nihir Shah BP Newbie from NJ and fearful
11 November 2019 | 10 replies
But when I listen to all established guests on BP podcast it seems like they do not like the headache of owning and renting properties.
Johnny Weekend Buy in your name -> land trust, but isn't your name still listed?
12 September 2019 | 3 replies
That means they have established financing for their entities and are never record as an individual.
David London How do you monitor your contractor 2 states away?
25 September 2019 | 26 replies
Thanks to all for your great input and ideas.GC now say new electrical inspection going to happen tomorrow..PM will be there as well...some salty Saturday morning texts managed to at least establish a new attainable milestone...have to wait and see.
Mika Tang Best Biz Credit Funding Co for the Price and Results
8 July 2019 | 0 replies
Are there any that offer lower program fees if you are already established?
Gordon Olson Section 8 Housing Requirements in Minneapolis
31 July 2019 | 18 replies
That being said, the newest "tenant's rights" ordinances being considered would make disqualifying a section 8 candidate much more difficult but again, you have to have established criteria you stick to and can validate.  
Brandon Drayton How to Create Criteria for Buy and Hold
5 December 2019 | 32 replies
These standards are specific to you and must be consistent with your wealth vision, mission, values and asset type.Specific investment criteria may include:•Minimum appreciation•Minimum rate of return•Minimum cash flow or cash on cash return•Price range•Maximum amount of investment•Location of investmentOnce your investment criteria is established, you can use it as the key part of your system to identify the right investments for your wealth strategy.Here’s a sample of search criteria (must have):Purchase price should be between $60,000-$150,000Neighborhood should be a solid B-/C+ (Working Class)I want minimum 200+ monthly cash flow or 100/door after ALL expensesRent 1% or more of ARV10-12%+ CoC ROISchools above 6 ratingTenants pays all utilitiesIdeally (or more flexible criteria):I will buy with cash and want to refinance with 25-30% down after rehabBuilt after 1985.When possible, I want to purchase multifamily units (2-4, max 8)I want to spend less than $3,000 on inspections and closing costsI want to spend less than $10,000 in initial repairs and rehabValues we use in our calculations:5.5% interest rate, 30 years10% vacancy6% repairs and maintenance6% capital expenditures10% management fees2% annual income growth2% annual appreciation growth2% annual expenses growth6% sales expensesUse It or Lose ItThis system (as with all systems) is only successful when it is used properly and consistently.
Christopher Fink HELP! How can I afford $85k for $60k?
8 July 2015 | 10 replies
There are specialized loan companies that have been establish just for investors.
Timothy Ryan Please Help, Formulating a Creative Finance Gameplan to help Personal Finance
16 July 2015 | 8 replies
Your comment on financial advisors is spot on and I actually have an appointment to meet with one very soon to get everything on track, I'll even run this plan by them to see what they say. 
Matt Mimnagh Hey IRS, keep your dirty mitts off my $50k!!!
19 July 2015 | 24 replies
If it was part of the same plot of land your primary residence sits on and you sub-divided it, I would consult with a tax advisor as you may be able to claim the tax credit.