8 March 2024 | 11 replies
Is there any way that I can call the energy company that is local and have them turn the power on for the day or any way that I can force the bank to turn the power on?
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7 March 2024 | 10 replies
Are you looking specifically for a licensed property manager, or are you looking for someone to host your STR and handle the day-to-day operations while you make passive income?
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8 March 2024 | 8 replies
This topic is brought up daily on the forums you could read opinions for days on end...
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8 March 2024 | 9 replies
Knocked out my first webinar last night on 90 days to my first rental and now excited to see what I can build this thing to next!
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8 March 2024 | 6 replies
In NY it will take 70-90 days to get a mortgage turned around.Fake numbers:* Purchase: $400k* Fees/Transaction Costs/Repairs/Holding: $200kAssuming equity requirements are 25%, you'd need the property to appraise/sell for 800k to get your 600k back out (and return to the lender).
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8 March 2024 | 14 replies
We do it every day in Texas.
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8 March 2024 | 4 replies
I had my buyer lined up and we did plan on selling the LLC from day one, so I gave it a fitting name that would compliment my buyers parent company which was Brown Bear Construction.
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5 March 2024 | 34 replies
To help, I used Excel to forecast the future value (FV) of both options: 1) leave existing traditional rollover IRA in-place or 2) liquidate the IRA, paying the 10% penalty and 33% marginal Federal tax hit.I'm 15-16 years away from retirement and computed the FV of both options over that timeframe.
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8 March 2024 | 5 replies
If your all-in cost to build for below market value and you are able to place quality tenants, then you should be able to leverage the completed project in a way that allows you to pull out some of your initial investment tax deferred to fund future investments while keeping the rental income and future appreciation.I am a CPA by day and advise many developers on tax strategies.
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8 March 2024 | 121 replies
This in less than 2 days.