Erik Ped
brrrr ing my way past the pandemic...looking for markets
3 May 2022 | 4 replies
I'm looking to cash flow for my first couple projects than switch focus towards appreciate or a good balance... i am also interested to talk with wholesalers, real estate agents, hard money lenders, property managers and tax experts regarding cross border investing (ugh!)...
Sam Lee
Business Structure Question: LLC? S-Corp?
30 March 2022 | 5 replies
From what I learned, moving from LLC to S-Corp is recommended when you cross the $40,000-$50,000 in net income, and would like to start paying yourself (as W2 employee of the S-Corp), and avoid double-taxation.I'm fairly newbie as well, so take it with a grain of salt...Would love to hear what others recommend
Austin B.
Need advice on "best option" for my situation
3 April 2022 | 18 replies
I was toying with the idea of buying property south of the border, but I don't think that's the best idea for somebody so new to this game!
Nikko Tountas
Down payment for financing
1 April 2022 | 3 replies
Is there any other option for down payment such as cross collateralizing other properties or assets?
Jason Malabute
HERE'S WHY I DON'T THINK WE'LL SEE A MAJOR CORRECTION FOR A WHILE
5 April 2022 | 17 replies
When we cross this tipping point, if the government does not step in, it would not surprise me to see another super aggressive move in the market.
Karla Simmons
Housing inventory is low - why?
5 April 2022 | 11 replies
Last year we built 900k houses, but we added 3million people (so if there’s an average of 3 people in every house we added zero inventory last year…)https://usafacts.org/articles/...In the last 8 years we built 7 million new homes (900k per year, ps we built 50% more per year in the 70’s) BUT, there were 12 million new households, so we built 5 million less homes than we needed over the last 9 years. https://www.cnbc.com/2021/09/1...If we secure the borders, stop taking in immigrants, convince millennials they shouldn’t have kids, convince young people that college is a waste of money and they should go in to the trades building us homes as the older workers retire, get a handle on inflation without raising interest rates and convince people like the poster above that they should sell their home with the 2.5% mortgage and buy a new home with a 4.5% interest rate, the inventory problem will take care of itself. :-)Oh yeah, and kick all the local and state governments out of power that won’t let anyone build in their neighborhood and infringe on “their lifestyle”, especially affordable houses on smaller lots.
William Coet
How To Get Attention in A Multiple Offer Situation
4 April 2022 | 6 replies
Offer 3-7% over list price (average in my neighborhood), waive pretty much everything, cross your fingers, and say a prayer before bed.
Dong Shi
Should I invite them to lease or should I hold out?
6 April 2022 | 14 replies
So I'm a bit at a cross-roads in terms of what to do, to wait for a high-quality tenant or to work with what I've got.
Anthony Simboli
Where to go - New Tenant Lease for NH -only have MA Lease Written
5 April 2022 | 2 replies
Do a cross check on other sites but here is something you may find helpful.