Dom Nico
Lending, Property in Trust
27 April 2024 | 5 replies
My goal has been to borrow money for the rehab, rent it out to generate income for the Trust's beneficiaries, and then do a cash-out refi to recoup my down payment and any other out-of-pocket expenses.I believe there are limitations in an Irrevocable Trust, which would prevent me from simply deeding the property to myself or possibly even to an LLC if I create one, even if the end result is in pursuit of my fiduciary duties to the beneficiaries, as Trustee (i.e. making the home inhabitable and generating rental income for the beneficiaries).
Nixon C.
Seeking Advice on Real Estate Investment Strategy for Mom's Retirement
26 April 2024 | 10 replies
Maybe educate on notes or RE, but start investing with your own money.
Andrew Harrill
Citizens Energy - Navigating a $60k Drainage Dilemma: Permits, Pipes, and Public Road
28 April 2024 | 13 replies
We are currently fighting to get that money back through our credit card.
Michael Plaks
EXPLAINED: 1098s and 1099s for private lenders
26 April 2024 | 4 replies
The private lender runs "a trade or business", like hard money lenders and professional money lenders do, as opposed to a casual lender such as a friend or a family member.2.
Logan M.
One HUGE opportunity in Manufactured Home Communities POHs
27 April 2024 | 3 replies
The two ways that those come to create value are renting them for money over the lot rent and selling the homes.
Logan M.
My Rules of Rent Collection for Mobile Home Parks
27 April 2024 | 12 replies
Nice part about SMR is they accept money orders (which we know many MHP tenants like).Never collect rent in person.
Menachem Krasnjanski
Pulling cash out of a syndication
27 April 2024 | 11 replies
Take your money out now as any syndication that projects 18% in today's environment is going to be very disappointing.
Yair Zarmon
Starting out with $250K. What would you do?
27 April 2024 | 15 replies
With your seed money, starting with multiple units right off the bat could leverage your entry into real estate investment and rapidly scale your portfolio to help you replace your 9-5.
Marcus Auerbach
Why is Milwaukee, Wisconsin one of the hottest markets in the US in 2023?
27 April 2024 | 42 replies
In California, you'll almost always be in the money under $1M.
Andrea Campo
Property under LLC or my name?
27 April 2024 | 3 replies
Everything is easier and money is cheaper w/o the LLC.