Eduardo Acosta
Looking to buy a commercial property
4 June 2019 | 1 reply
Look for a Real Estate Analysis spreadsheet, there is a limited use one on BP under tools.
Cynthia DeLuca
Accounting help to allocated expenses to each property-
8 May 2019 | 19 replies
In my limited experience the bank data is for reconciling against the data you've already modeled in QBO through invoices, bills, and recurring transactions to automate their production, generally speaking the bank data isn't a source for that info, that's at least the mind shift I had to go through.
Chet Mazur
Trust deed (TD) in CA limits amount secured
26 April 2019 | 4 replies
Does that just mean the the difference between 501k and 1.7M is unsecured, or does the stated limit exclude cost associated w/ a default?
Ross Murphy
Phoenix Listing Agreement
26 April 2019 | 8 replies
This also will pocket you several "I only want to rent" leads, that you can follow up on if you're not getting your price and your 90 day time limit is quickly approaching.
Blane Morgan
Checkbook IRA Owned by an LLC
7 July 2019 | 13 replies
I'm getting $750/month rent and once the mobile home outlives it's usefulness I'll build a home on the lot because it's inside the city limits of New Braunfels a couple of blocks from IH35.
Mike Young
How to finance out of state investments under an LLC?
25 April 2019 | 6 replies
I used to be a credit manager and go around the country picking them up from major customers.Here is a sample of what one looks like: Personal guarantyIt ranges from a limited and conditional to unlimited and unconditional.
Josh Klauber
Fortunate to be starting out with $, seeking advice
28 April 2019 | 10 replies
Join a couple of limited partnerships or find a strong active investor and bring some of the money to some JVs.
Joel Arndt
Brandon and David were COMPLETELY WRONG in podcast #327
2 May 2019 | 27 replies
To your point, the BRRRR strategy actually lets you limit cash in a property and limit leverage, minimizing risk and maximizing yield.
Homer Reagan
Experience with Self-Directed IRA...who,what,where,etc.
26 April 2019 | 7 replies
Compared to an IRA, Solo 401k contribution limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.You can borrow from a 401k, but not an IRABoth C-Corps and LLCs can adopt a Solo 401k.
Fabiola F.
Multifamily syndicators: how much ownership interest to LPs?
30 April 2019 | 5 replies
When it comes to the profit structure for a syndication consisting of a sponsor, general partner, and limited partners, typical splits are 30/70 SP/LP and then increasing the sponsor's split under a waterfall.