Tim A.
Johannesburg, South Africa
11 March 2024 | 14 replies
Hi @Jessica FrancoGreat to hear of your interest in property back home.From my experience (we own a company called KOURO here in South Africa) it really really depends on the strategy you hoping to focus on, the area, purchase price and what value you can add to that property - as discussed everywhere on BPWe do flips, multi-lets and now recently starting Developments.Our returns are really good and we give great returns to our hard money lenders of between 15-20%.We are quite happy and believe that the property market here, if bought right, will last through any down times.
Jason Pender
Can I buy land with my SDIRA hold it and then sell it to a company I own?
8 March 2024 | 7 replies
Can I buy land with an SDIRA, hold it for a period (2yrs for example) and then sell it to a company that I own?
Ayyoub R.
Mortgage property in llc
10 March 2024 | 2 replies
Once you've done your due diligence, a title company can easily create and record the Quit Claim Deed.
Maximillian Engram
Pros and Cons of being a Real estate agent and an investor?
11 March 2024 | 22 replies
It's the same as working in a company, some company has a fabulous manager and good work ethics and teamwork, while another company expects you to be 100% independent.For someone like me, that's like to learn fast, a realtor in lower commish is better for me.
David Haan
garage ADU conversions for house hacking in SoCal
9 March 2024 | 4 replies
Leverage magnifies return. 2) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
Alex Blaise
Refinancing or Home Equity Loan
9 March 2024 | 5 replies
Once we fix our side up and move in the property should be worth $200k-$250k (it was very undervalued at time of purchase).Why not take a larger loan initial on the purchase of the first duplex and lower your down payment, use the cash you have for the second purchase.
Christina V.
San Diego CPA Referral please
9 March 2024 | 14 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
Art Giacosa
How important is privacy when designing holding structure?
10 March 2024 | 13 replies
No different than a single LLC but with a few more meetings.Scalability:Essentially, the WLLC is what is known as a private trust company.
Maxine Brown
Bookkeeping Account Payable or Bookkeeping software
10 March 2024 | 14 replies
Hello @Jake BakerI've a great property management company which does a great job with Appfolio, which breaks downs cash in, cash out and expenses.
Mike K.
BRRRR using Sheriff Sale purchases and HELOC
9 March 2024 | 21 replies
Be aware of hidden damages in foreclosed properties, factor in potential vacancy rates, and consider property management for a larger portfolio to streamline operations.