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.
Brian Ellwood
The "8 Pillars" Of An Easy-To-Invest-In Cashflow "Linear Market"
20 October 2020 | 1 reply
If you are wanting to buy rentals right now, but you’re fed up with the overly competitive and expensive real estate market…This post is for you.Today we’re going to talk about how you can STILL buy cashflow rental properties with EASE during the craziness that is 2020.First off, let me start by saying who this is NOT for:* Flippers* Wholesalers* Developers* Househackers* Land Investors* Rent To Own/Lease Option Investors* People investing primarily for appreciationThis is for people who want to:* Invest in single family or multifamily rental properties* Are open to the idea of investing long-distance/out of state* Are planning to buy and hold for the long term* Are investing primarily to create monthly positive cashflowI recently wrote a part one to this post, explaining my story in detail and the many shifts I’ve had to make to be able to continue to find good deals throughout this surging real estate market….The long of the short is that I acquired a few dozen rentals and achieved the proverbial “financial freedom” (cashflow covers expenses) but I had to shift to many different markets to be able to continue buying at the right prices.The biggest epiphany I had is that I should have stuck with what is called a “linear market” to achieve maximum scale with ease in a market like the one we’ve been in over the last few years.If you haven’t read Part 1, go back and read that before you read any further, or the rest of this post won’t make nearly as much sense.Part One:https://www.biggerpockets.com/...OK, so if you’re ready to choose a linear market to invest in, but you have the question of:“how do I go about finding a market like this?
Aaron Caddel
Is a Listing Agent a glorified task rabbit? (not trolling)
21 October 2020 | 23 replies
It's about maximizing home value, so how should you choose a real estate agent to achieve that goal?
Amy Cheng
New to REI - Looking to do first flip/rental in Pittsburgh
23 October 2020 | 7 replies
I'm super motivated and willing to put in the work to achieve financial security so that I don't have to rely on the gig economy lol.My short term goal is to buy my first investment rental property maybe in South Side, Squirrel Hill, Lawrenceville, Mt.
Jennifer Konikoff
Newbie from South Florida
22 October 2020 | 25 replies
My goal is to achieve financial freedom
Hamish Simcock
Vacation rental turned flip, $120,000 profit!
26 October 2020 | 32 replies
When cash flow is the goal, and you have achieved the desire cash flow your done!