Joseph Sapyta
What is the BEST first move to make in the real estate game ?
3 March 2021 | 11 replies
What's common among them:They treat it as a business, not a hobbyThey built a support network- lenders, private $, contractors, other investors, realtor, attorney, ......They had multiple mentorsThey studied their niche and know it wellThey built and/or purchased systems to support their businessOnce they became smart at implementing in one niche they pivot to another nicheThey are continuous learners
Dennis Rupert
Brand New Landlord in NY - Need advice on un-clear situation
1 March 2021 | 2 replies
Isn’t that how you would want to be treated?
Jack Reed Durand
Airbnb 29+ Day Rental Requirements
4 March 2021 | 6 replies
@Jack Reed DurandIf you are renting anything for 30 days or longer in the city of Denver, it's treated the same as any other long-term rental in the eyes of the city.
Erin Onsager
profit sharing in partnerships
5 March 2021 | 5 replies
There's more at stake to lose and relationships quickly sour when people feel taken advantage of or not treated fairly.
Mike Helminger
US Real Estate Syndications while Candian Tax Resident
23 May 2021 | 5 replies
Based on my understanding, these pots of money are treated differently in the US vs Canada.The CRA changed its administrative position a few years ago to treat US LLPs as corporations for Canadian tax purposes, such that distributions from such an entity to a Canadian resident taxpayer are likely to be characterized as dividends.https://agtax.ca/cras-taxation...
Queenie Pinto
What kind of mess is acceptable?
2 March 2021 | 5 replies
I have stayed in several vacation rentals with kids and a dog and always treat the home with respect and leave it in a pristine condition.We had a group of 5 including kids over the weekend who left crumbs all over the house, food stains on sheets.
Chase Thompson
CASH IS NOW A LIABILTY
4 March 2021 | 1 reply
If i can barrow at a 3% 30yr fixed rate for a cash flowing MF or SFH and the inflation rate is now somewhere around 4% not only am I getting the tax benefits, appreciation, cash flow, and all that other treats that come with owning real estate but now I pay it back with way cheaper money!!!!
Stephen Foltin
What a Winning Bid Looks like?
10 March 2021 | 22 replies
The loan is treated as a cash out refinance, so the rate is not as competative as financing the initial transaction.
Allen L.
umbrella insurance for Lloyd as underwriter
23 September 2021 | 5 replies
Also, treat a broker like a contractor.
Jennifer S.
Rethinking REI Strategy
4 March 2021 | 7 replies
It's unbelievable the way politicians are taking away property rights and treating Tenants like victims.