
26 August 2019 | 1 reply
Flipping is a straight up business (and is taxed as such) and REIT investing is essentially buying and selling stocks.

12 September 2019 | 2 replies
Does it essentially take you back to square one, wiping out your equity in the property?

17 October 2019 | 21 replies
A few more to add here: Underestimating the CapEx needed to take the project to stabilized statusPoor Property Management CompanyOne Man Band Sponsor (Syndication is a team sport)Poor Investor Relations (in the front and back end)Mismatch in loan product to asset requirementTo conclude, Real Estate Syndication is complex with a lot of moving parts and having a team is essential to executing a business plan in order to meet or exceed investor returns.

29 August 2019 | 14 replies
But that's essentially why I have a "break lease" fee because, even if I don't lose one day of rent, I need to be made "whole"...and that includes compensation for my time.With that said, I don't feel a LL can normally charge for their "time" or a fee, unless those consequences were spelled out ahead of time.

28 August 2019 | 4 replies
Essentially 3.5% of that total amount.Now, FHA loans have rules that apply to ALL FHA loans and for your scenario here's what you need to know:You must be moving more than 90 miles away from your current FHA loan.If you need rental income from the pre-existing home that you are vacating you must have an appraisal performed on that property that proves 25% equity in the property.

29 August 2019 | 4 replies
The 7 Essential Habits of Highly Effective People has been very inspirational for me.

29 August 2019 | 14 replies
The above may give a path for an inspector to 'get out of the way' - however it'd ultimately be their call if they would allow the engineer's sign-off to essentially allow them to get out of the way from a liability standpoint.Sounds like a bit of a pickle, but getting different answers from different contractors does not surprise me at all.The other thing that just crossed my mind is to do a 'sample' of the foundation by cutting, jack-hammering/removing a section of wall in a controlled way.

30 August 2019 | 22 replies
I'm not 100% knowledgeable on HELOC's but if I have a $200,000 home paid off, and get a HELOC of 70% then I could essentially have a $140,000 line of credit to use to buy and rehab, then refinance and pay back my HELOC, rinse and repeat?

30 August 2019 | 4 replies
I asked if I could buy it from my grandfather on the negotiation of a seller financing deal where he would save money on taxes with monthly installment payments that would be his retirement essentially.