Karen F.
Connecticut landlords essentially just got .... by the governor.
19 July 2020 | 13 replies
So, assuming that a tenant decides to take advantage of this, and not pay rent beginning April 1st (and a lot of tenants take the grace period, and don't pay until the tenth of the month - the day he announced this), by the time they get into court they'll be 5 months behind in rent, and most judges will give them another few weeks to get ready to move, without making them pay a cent.
Troy Forney
Retirement plan, all in with real estate or diversified portfolio
11 April 2020 | 7 replies
You could borrow or take a distribution of a portion of the funds to make non-retirement investments and the remaining funds could be used to grow your tax-advantaged accounts with real estate (and other) investments.
Jack Fernandes
Investing With a Broker's License?
13 April 2020 | 43 replies
The Deal Sheet would be giving to both Seller's and Buyer's (my) Attorney so they can then draft the Contract of Sale.As Jay Hindrich mentioned, there might be advantages to having the Commission credited towards the Purchase Price rather than receiving it as a Commission to your Firm or yourself.
Pradeep C.
Homeowners (HO3) vs Dwelling and Fire Protection (DP3) policy
13 April 2020 | 2 replies
We are going to have the renters get a renter's insurance for the tenure of the lease as well.Any advantages of keeping the policy as HO3 vs converting to DP3.Please explain and clarify how should we proceed.
Aiyman Khan
How to practically make a distribution in an S corp
11 April 2020 | 4 replies
This is the main advantage of the S Corp is after you pay yourself a reasonable salary, the rest of the distributions should be taken as a dividend this not subjecting the income to payroll taxes.The form of payment any legal tender available to the S Corp and the recipient...
Eric P.
Coronavirus and vacation town impact?
3 December 2021 | 33 replies
My main reason in saying this is that you simply get a higher ROI when you have higher year-round occupancy then when your place sits vacant for many months of the year This brings to light a whole new advantage of investing in the southern half of the US, because you’re not dependent on one season for the bulk of your year-round revenues Look, we know this won’t last forever.
Katrina Gillrup
Advice for when using Hard Money
23 April 2020 | 18 replies
For flipping is another story but the only advantage with rentals is that they can make you as competitive as a straight cash offer without you actually having to pay the full amount.
A. Maldonado
Dave Ramsey’s Financial Peace University
12 April 2020 | 30 replies
Dave doesn't leverage debt for his real estate, so expecting him to preach about the benefits of debt or how to utilize debt to your advantage isn't expected, nor would it make sense.
Christian Estrella
Take advantage of FHA or not
15 April 2020 | 3 replies
I wanted to take advantage of my FHA and house-hack as an owner occupant.
Marco Bario
Good Time To Sell Partials
8 April 2021 | 10 replies
As jamie just noted I did a webinar yesterday on this topic on showing investors how advantageous a partial can be for all parties involved.