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21 May 2024 | 44 replies
We also produce fix and flip and fix and hold mortgages.We have had only good experiences with Constructive.
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22 May 2024 | 74 replies
If they were one of "the good guys" they would not take money from investors when they know they have zero real estate experience, cannot evaluate the risks presented by the investment or flat out say they are looking for a SAFE income producing investment.
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19 May 2024 | 7 replies
KBKG also offers FREE audit support and FREE use of their 481(a) depreciation software which produces the attachment schedules that are needed to file the IRS Form 3115.
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19 May 2024 | 2 replies
A better question might be: What are you doing with a property that has negative cashflow or is not producing the return you expected?
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21 May 2024 | 34 replies
Little did I know, that is producing FARRRRRRRRR better results in the passive income department than buying a Godamn $400K house just to make 100 dollars passive income a month.It is REDICULOUS.Now, I get 2 people to subscribe to my subscription-based products and voila, little risk, little overhead true passive income.SAAS is where it's at folks when it comes to passive income.
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18 May 2024 | 5 replies
Any viable houses for say, under 250k that would actually produce cashflow?
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17 May 2024 | 4 replies
Basically, interested in partnering up with income producing properties.
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18 May 2024 | 11 replies
I went through an 'interview process' with my accountant and he had me produce paperwork demonstrating income and expenses for each.
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20 May 2024 | 88 replies
Directly to your distribution question: you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate from the ones that barely produce- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.4.
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16 May 2024 | 2 replies
She is also my neighbor so I have been bringing her organic produce from my vegetable garden (she loves that) and even helped dog sit her dogs for free.