Roberto Vasquez
1031 Exchange Form; When and how to apply it?
14 October 2021 | 4 replies
@Roberto Vasquez, A 1031 exchange is an entire process that involves the use of an unrelated 3rd party called the qualified intermediary whose sole job is to document the sale and purchase transactions and to hold the funds inbetween.
Rafiq Elkiki
Is real estate investing going to give me what I want?
14 October 2021 | 4 replies
After doing a number of transactions, you might decide that 300 units with low profit per door might not be as good as 50 units with high profit per door.For now, you can buy your first building with a 203K FHA loan and actually do a BRRRR strategy by finding a building that after it's remodeled its value goes up 25% above purchase price + rehab.
Chris John
STR - How much return can I reasonably expect?
17 October 2021 | 13 replies
Is it worth it to take on the extra work, existing or potentially new local ordinances, and seemingly new daily competition for a higher return or have I already missed the boat?
Eric Oneill
100k and No Clue where to start!
24 October 2021 | 22 replies
Make it an easy transaction for the seller.
Ralph Patulot
creating a bank account for a house hack
3 November 2021 | 4 replies
i know some say that you should seperate all transactions from your name and create a seperate bank account for your property. thanks!
Greg Miller
26 units on 26 acres!
18 October 2021 | 0 replies
We have renovated one unit and successfully proven the business plan to rent it out at a daily rate as a short term rental during peak salmon river fisher season.
Erich Henson
Built a 6-figure profit with rentals. What's next?
14 September 2022 | 19 replies
With each transaction you are generating some tax free dollars, some dollars you pay tax on, and ongoing rental income to live on.
Stephen Lynch
Investing using brokerage account cash
18 October 2021 | 2 replies
Margin interest example$187,000 for 6 months (180 days)Multiply loan amount by the effective rate: 187,000 x 7%Determine the daily interest amount: $13,090 / 360 = $36.36Calculate the interest due after 180 days: $36.60 x 180 = $6,588 + additional funds / holding cost interest for for rehab budget
Caito Coloma
What does your deal funnel look like?
24 October 2021 | 9 replies
A system that is 100% hands-off, 100% free, giving you daily leads for free, without lifting a finger AND that are crazy motivated...
Nate Kovaly
paying back investors
19 October 2021 | 6 replies
Nate,I hope I am following correctly, but typically interest accrues daily on a loan and therefore when you pay off the existing debt you do not owe any future interest on the loan.