Stone Jin
What Does Life After the W2 Look Like
19 October 2020 | 3 replies
All,Need some feedback from those of you who left your W2 or 1099 job after achieving FI.
Serge Sefekme
New investor real estate
16 October 2020 | 3 replies
Am I looking to get into the lucrative business of real estate to achieved financial freedom and building wealth.
Patrick Ruff
"1 hour from New York City" challenge
14 November 2020 | 11 replies
You may not make the $300k price range, but that's slightly more achievable in Norwalk CT, which is right next door.
Kamlesh Kukreja
Multifamily newbie looking for advice
20 October 2020 | 14 replies
Are investors happy because deals are on track to achieve targets?
Victoria Mick
Advice on investing in small multi family homes out of state
25 October 2020 | 15 replies
I want to start investing in real estate as a way to make passive income and eventually achieve financial freedom for myself and my family.
Joe Matthews
My 10 Year Vision Board
17 October 2020 | 3 replies
I am highly motivated and obsessed as of late to achieving these goals.
Corey M.
Partnering on flips and BRRRRs
16 October 2020 | 1 reply
When it's an unknown situation and the person doing the leg work is working to achieve that track record, then you can get better splits for the capital investor. 60/40 or more likely even an 80/20.Additionally, you can look into a waterfall model (which is kind of complex) but it creates provisions that regulate the returns to the operating partner based on the success of the project.
Joseph Skoler
Tax question related to note purchase
10 November 2020 | 19 replies
Now, if the LLC is a single-member disregarded entity not filing its own return, my interpretation is that you acquired the property for $30k.If the LLC files its separate return, it can buy the note from you for $10k, achieving the same result: $30k basis in the property.Or you can complicate it if you or your CPA prefer complexity.
Charles Large
All-inclusive rentals - Thoughts?
17 October 2020 | 8 replies
Which is an additional 1/2 month per year for me, but renter's perception is that they are simply paying for all the services and rent in a comfortable bundle.Do you think that this is achievable in Texas?
Katie Hoffman
Help Analyze Denver Duplex for Cash Flow/House Hack Potential
18 October 2020 | 14 replies
@Katie Hoffman Congrats on looking to house hack in Denver, that's a great idea to achieve your goal of purchasing a house in Highlands Ranch or out of state rentals long-term.