Jason Merchey
The Marijuana Business
21 February 2020 | 7 replies
That door could get kicked in by federal agents at any time and your assets (cash) could be seized for a very extended period of time.
David M.
Wholesalers (and any direct mail marketers), check your data!
5 March 2019 | 8 replies
just sending out some letters when you really don't know what your doing.. is failure 95% or more of the time .. so people get all cranked up maybe pay 10k for a class spend another 3 to 5k on direct mail.. and NOTHING>. done before they start.Its like any business you need a year in the bank in cash.. and then hit it . of course some markets are much better than others those with low value assets were wholesaling tends to be how real estate is transferred.. but in high priced areas.. you need to spend some pretty big money and be on it to succeed.
Mendel Robbins
Looking for forum with documents rental app
7 March 2019 | 8 replies
I like that I can select addendums, create custom addendums, and digitally sign the leases.
Cory Carrigan
4 unit fully occupied with no leases
5 March 2019 | 4 replies
A written lease should contain a "both parties agree that any/all other or previous or outside agreements are void" clause, that you could then show to a judge if the tenant pulls out an audio recording of a rent to own agreement with the previous owner (gotta be a bit paranoid when it's a $500k asset on the line).
Jesus R.
Help with Tax form 1120S
6 March 2019 | 5 replies
No loan, all cash.The expenses have been divided by categories (materials, utilities, paid contractors, insurance, other outside services, etc) and listed on the 1120S using TurboTax Business.My question is, how do I determine the Total Assets for Item F of Form 1120S?
Kristin Shopp
Beginner looking to invest in multifamily for passive income
11 March 2019 | 12 replies
This asset tends to be better for the 1031 Investor coming in with 30+% down and sometimes the “house hacker”.
Dane Kania
First property under contract. Is the deal worth it?
10 March 2019 | 27 replies
Other people that say they don't buy on speculation, the majority aren't from Utah, don't understand the rental crisis here, and don't know that Utah has been in the top 5 for same year sales growth (double digit) for the past five years.
Katie Andrews
how much cash to keep on hand, plus getting started in Louisiana
5 March 2019 | 2 replies
Asset protection becomes a major concern if you own a bunch of free and clear properties here.You sound like you've recently dealt with some estate matters, but the question of your heirs and their ownership interest in any of your assets come to mind as a concern.
Patrick C.
Exit door in rental units bedroom
5 March 2019 | 1 reply
I have already changed main entrance/exit exterior doorways to digitized keypad and still has not put prospective tenants minds at ease. please give me some feedback!
Ryan Weimer
Our first Rental - a SFH BRRRR in Boise
13 March 2019 | 4 replies
You keep referring to the "equity netted", but you could have gained equity as well on another asset that cashflowed better.