JJ Williams
Cash infusion/hard money
8 July 2024 | 2 replies
We are considering taking cash into our business to season for down payments on new properties.
Melissa Allen
Tricky question about HELOCS and retirement account loans
12 July 2024 | 8 replies
Any advice on if we should use it to pay off our loans against two of our retirement accounts (that we took out for the downpayment on the first STR) in order to lower the monthly bills or if we can/should cash out one or two of our retirement accounts (457 and/or 403b) and pay off the loans?
Chris Seveney
This Blows My Mind For Those Acting A A Lender
12 July 2024 | 40 replies
It would never appreciate to where it would be worthwhile and great cash flows on paper but not gonna happenI would bet this is common in many of these other urban low priced areas.
Evelyn Guo
K1 loss tax report for non-resident state (NC)
13 July 2024 | 10 replies
The taxable income of a nonresident subject to North Carolina income tax is determinedby first calculating federal adjusted gross income as calculated under the Internal RevenueCode, adjusted as provided under G.S. § 105-153.5 and G.S. § 105-153.6.
Ty Nosser
Minnehaha neighborhood flip
13 July 2024 | 1 reply
Purchase price: $185,000 Cash invested: $85,000 Sale price: $330,000 3 bed 1 bath total flip, top to bottom everything inside was touched at some point.
Kyle Rader
New investor looking for guidance
10 July 2024 | 2 replies
Based on the information that you have provided.
Corben Briggs
Allowing Dock Access to Guests?
12 July 2024 | 3 replies
I read through the rules on the HOA and it clearly states vacation rental guests can use the dock slip if I have one to provide them however I just want to make sure I'm setting it up properly so neighbors/other boat owners don't get upset with multiple guests each month using it if it ends up being a popular request.Anything helps!
Julie Muse
Foss Ave Flip: Big Returns in Drexel Hill with Shannon Johnson!
10 July 2024 | 0 replies
Purchase price: $215,000 Cash invested: $35,000 Sale price: $380,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Shannon Johnson, successfully completed a fix-and-flip on Foss Ave, Drexel Hill, PA 19026.
Michael Lightwood
Buy a house, What are the best months to purchase?
12 July 2024 | 8 replies
Although market fluctuations and regional differences can impact these trends, targeting the late fall and winter months usually provides a greater chance of purchasing a home at a lower cost.
Ryan Yu
1031 rules and taxes
12 July 2024 | 3 replies
Now I have $550k cash left over to either buy another properrty or invest it another way.