James Quinn
How much debt is too much debt?
5 August 2020 | 4 replies
and you have 200K in equity, and 6K/month in net positive cashflow.I'd hope that, if I offered to gift you 20 houses with those terms attached, you'd jump on the opportunity to take it ;)
Luke Tran
Motivated Wholesaler needs advice for binding contract w/ Seller
6 August 2020 | 5 replies
Regarding sources for deals one of my favorite sayings is "Everything works somewhere, Nothing works everywhere" There are many ways to find deals, do a search here and you should find many posts on the topic.
David Dixon
Newbie Real Estate Investor From Jackson, Mississippi
7 August 2020 | 5 replies
My favorite books:Think and Grow Rich by Napoleon HillHow to win friends and influence people in the Digital Age by Dale CarnegieRich Dad Poor Dad by Robert KiyosakiThe Introvert Entrepreneur by Beth L.
Nicholas Edwards
Newbie from Milwaukee, WI
6 August 2020 | 9 replies
At the end of the podcast they ask guest what are their favorite books.
Shuo Jiao
What will your reaction if your tenant sent you this?
7 August 2020 | 14 replies
Now if they found me a tenant that they personally knew, not just a random person, without any agreement in place, I may send them a nice gift basket with a gift card.
Zaneta Horne
Quitclaim Deed to Transfer from Sister to Company
6 August 2020 | 4 replies
However, if we have to use a quitclaim deed to transfer the property to me where I then have to transfer it to the business will she still be eligible to write-off the quitclaim deed as a gift tax with the remaining cost being written off as a tax deduction toward her estate tax?
Lisa K. Bruno
R/E Attorney Recommendations?
13 August 2020 | 9 replies
Might also be easier to gift each year a portion of the LLC to the kids, or sell the LLC instead of individual properties.
Account Closed
how to get loan for downpayment?
16 October 2020 | 16 replies
Account ClosedSome lenders will allow you to use a LOC or "Gift" for your DP.You could also refi your primary residence to get the DP.
Grace Navera
Do I pay income tax on investment income?
29 August 2020 | 12 replies
@Grace Navera Basically yes, you pay tax on virtually any income other than a gift.