Danny Kaminsky
Neighborhoods for small multi cashflow
18 May 2021 | 7 replies
Here in our market I'm very reluctant to pull the trigger on 1 bedroom multifamilies, not because there are bad tenants but because the fact is that as of right now with current prices of homes and the current growth in rents... it'd be very hard for a single person to earn more money to keep up with the pressures of price increases to pay off their monthly payment.
Justin Gottuso
How to value my time ?!
16 May 2021 | 1 reply
Another way to look at it once the property is acquired might be I earn $750 per month for 4 hours or less per property so about $200 per hour.
Justin Goodin
📌 4 Parts to Every Real Estate Syndication
10 October 2021 | 9 replies
There are 4 parts to every real estate syndication (group investment).1️⃣ The Deal2️⃣ Financing3️⃣ Capital 4️⃣ ManagementThe LPs (limited partners) are passive investors and want to put their money to work by investing in safe, cash flowing assets like apartments, but may not have the time, expertise, or desire to go buy an apartment community by themselves.
Jonathan Dempsey
Get a Multi-Million Dollar Mansion for $300K?
19 May 2021 | 13 replies
With your ownership you can: get a fraction of the rental income each month (that there is income made), use the profits to earn more shares of the property over time, and/or get discounted rates to the property as/via AirBnb rental.
Anthony Cuiffo
What is your exit strategy?
3 June 2021 | 50 replies
You will lower your taxes you are facing from an all-out cash sale and convert your management into "mailbox money" where you have none of the management headaches, but still get monthly cash flow with a better interest rate than you can earn anywhere else right now with 0% interest.If it were my portfolio and depending on the size of each individual note I might break the notes into pieces and create multiple notes on each property.
Henry Clark
Self Storage- Subdivision as Collateral
25 July 2022 | 37 replies
Basically we are taking farm ground that earns about 1% and converting into both high yielding and Value increasing Self Storage.On part of the land we are exiting a prior 1031 sale/purchase.
Felipe Lecaros
Form 2555 (Foreign Earned Income Exemption)
21 July 2021 | 2 replies
Hence, I pay taxes in the U.S. claiming the Foreign Earned Income Exemption (Form 2555)I have a client in the U.S. that pays me for my services (provided from Chile) to its business in NY (mostly compliance services -and some general legal orientation since I am an admitted attorney in NY).
Greyden Piechnick
My mom isn’t able to claim Real Estate tax benefits?
21 May 2021 | 6 replies
Your mom, earning over 100k, cannot write off losses after taking depreciation so maybe she makes money until tax time when depreciation creates a loss.
Craig Starger
Preparing to inherit properties in really bad shape. Advice?
22 May 2021 | 8 replies
You could also look for local commercial brokers who may be able to give you insight on whether these are desirable enough areas for investment.Best of luck!
Account Closed
How to take over an occupied property?
19 May 2021 | 5 replies
Hello BP,I am under contract with a small 2 family in a desirable location in Northern CT B+ neighborhood.