Kristopher Toribio
Seeking advice on planning rehab with long-term tenants
21 January 2020 | 4 replies
And maintain communication with them about how you can help in their search - IE if they say they find a place but need $x for the deposit, it might be worth it to pay that.In Illinois, you have to hand deliver notices to tenants.
Nate Hawkins
9 kids = 9 Reasons to Succeed
29 January 2020 | 3 replies
My name is Nate I just moved to Nampa Idaho, I'm a Journeyman Electrician studying for my Master's.
Quentin Mitchell
How did you grow your portfolio?
27 January 2020 | 12 replies
I believe in maintaining loyal business relationships.Currently I am acquiring buy/hold properties in southwest suburbs of Cook County(section 8) and in Will County.
Anna Zimmerman
Appraisal in Gatlinburg came in lower than offer
12 February 2020 | 16 replies
The less comparable a property is with nearby comparable, the more quests work is involved, but even with close comps difference can occur as to valuing adjustments.That being said, it would be advantageous for you to study the appraisal to see if you agree with the valuation.
Donny Martin
New 2 BP | Experienced @ Pittsburgh STR
26 January 2020 | 1 reply
It would be on a very small scale to ensure that quality can be maintained.
Kesru Tam
Direct RE vs. Syndication vs. CrowdFunding
26 January 2020 | 27 replies
I'm new to real-estate investing and I'm trying to understand the difference between the different forms of investingI want to play this RE game for the long-term and have the portfolio benefit from appreciation, depreciation, tax-free cashing-out, leverage using low interest rates, cashflow to cover the expenses.Here's my understanding of eachDirect RE- Full ownership / control of when to sell- Can leverage & deleverage as you want- Work involved to maintain property; But can hire a property manager to assist- Can provide cashflow to cover expenses + CoC return- Provides hard collateral / security for the money you put in- Tax benefits - depreciation, phantom appreciation, interest deduction Majority Partnership- Form partnership where you are majority owner with 2+ other people (with more capital input) - Can provide benefits of direct RE on controlSyndication- Passive investor / accredited - Less work- Access to commercial RE which you can't get otherwise- No security / collateral for your stake; Can loose everything- No different from investing in a business- Already leveraged returns; You don't control how asset is structured- Depreciation benefit passed through K1; But no benefit of 1031Crowdfunding- Low minimums- Already leveraged returns- Can be equity or debt based; Equity stake has some tax benefits through K1- No security / collateral and everything can disappear without recourseIs this correct?
Account Closed
Advice needed: 40K to 80k for 1. sf rental airbnb 2 duplex HH
28 January 2020 | 7 replies
As long as there is sufficient cash flow and you maintain reserve capital, leverage can be a great tool that allows for exponential growth.
Devon Bergsma
Just bought first Investment House - New Member
26 January 2020 | 3 replies
We have added a Large family room, bedroom, bathroom, storage room, laundry room, and sitting room/study (we homeschool sooo this was needed).
Steven Navarro
Buying land then building a 4plex in fresno ca
29 January 2020 | 25 replies
I was wondering if it was in Pinedale also ... that would make a difference- I have always maintained that it could be a great location if enough investors got behind it and started to rehab the area ..
Andrew Little
Was it a good investment?
29 January 2020 | 8 replies
When it comes time to move again refinance the original house out of the va loan up to the 160k to maintain equity, and reinvest the proceeds to the third property at a new duty station.Alternatively though I could also end up in DC area so if there’s bigger opportunities or better markets to get into I wouldn’t mind applying the plan just at a different location for house number 2.