David Lamb
Frequency of Letters to the Distressed Person
30 May 2024 | 8 replies
In other words, I have not even come close to mastering either (1) the elevator pitch or (2) the frequency with which i continue to market to them.For example: Ring Ring.
Tyler Wilcox
Duplex convert to Triplex/ Owner financing
30 May 2024 | 2 replies
I closed off the connecting door to split the unit into two.
Ian Dale Ibrado
house hacking to get in an expensive market
28 May 2024 | 10 replies
Im from Edmonton, Canada and I have just recently closed on my 3 unit suite and want to keep my momentum going.
Andy Lanyi
Flipping and tax rate
29 May 2024 | 4 replies
The LLC has no impact on the effective tax rates.Also if you acquire a property for the purpose of flipping, that will always be Ordinary Income, also likely subject to self-employment taxes.That particular sales event has no impact on the taxation of your normal rental income from other properties.
Nolan Whitaker
Trouble with an EMD lender
29 May 2024 | 11 replies
In our contract with the lender there is no timeframe stated for when the property needs to close by and the lender needs to be paid.
Christopher Bierman-Gwinn
Help me decide please
30 May 2024 | 27 replies
I keep all my real estate Investments in Kentucky. 7% or more is the norm for single family residential while in California you most likely land around 3%-3.5% cashflow, you're not even close to cover the interest rate.Definitely check out Midwest states, they offer low entry point and stable rental market.
Gregory Reeves
Will homes sale rise?
27 May 2024 | 0 replies
Household debt has hit a record high, rising to $17.69 trillion in the first quarter of 2024, with credit card debt alone averaging $6,360 per borrower, per CNBC.
Drew Zittel
Finding Owner's Contact Information
29 May 2024 | 1 reply
Websites like Zillow often have owner information, especially if the property is currently listed for sale or rent.
Greg Patterson
Buying a property with a Tax Lien
30 May 2024 | 3 replies
IE: get signed purchase agreement, contact title company, pay-off tax lien, secure title and then close with cashier check at the title company?
Tuan Ngo
Capital Markets Fee
29 May 2024 | 7 replies
That comes out to 30% of their total closing cost.