Justin Holley
Ownership Arrangement for Subject To with 3 Partners
22 May 2018 | 5 replies
although I understand you want to bring them in however in all my deals over a 4 decade career one constant I have learned is no money no skills and on title is a receipt for disaster..
Steve Neuman
Capital gains on insurance settlement?
21 May 2018 | 2 replies
Sometimes those losses actually put you in a better financial position if no personal harm was done.
Calvin Lipscomb
Multi-Family Deal Process in Chicago
31 May 2018 | 15 replies
Attorney will request this once you have signed the offer that stated SUBJECT TO REVIEW OF FINANCIALS/LEASES
Connie H.
Should we buy a single family in very expensive towns in MA?
22 May 2018 | 4 replies
Properties in Wellesley and Weston are roaring high in the past decade and sometimes makes more returns than a multi-family, and it is easier to keep its value when there is financial down-turning.I understand that it is totally a personal choice based on the financial situation of a family, personal preference, and personal understanding and sense of risks/benefits with regarding to such choices.
Justin R.
Trust/Ownership issues with 1031 Exchange
4 December 2019 | 12 replies
@Justin R.Your CPA is being moderately conservative, and your QI is being extremely conservative.Nothing is wrong with either approach - as long as you knowingly choose the relative safety of a conservative approach over the financial benefits of a more aggressive approach.
Jacob Henderson
Newbie from Wichita, Kansas
2 June 2018 | 12 replies
A year from now I would like to own atleast 3 multifamily properties and have made it my long term goal to become financially free by the time I am 28 years old (5 years from now).
Shiloh Lundahl
Baby NUMBER 5 is ALIVE! And I Have a New Attitude.
22 May 2018 | 0 replies
I often had distrust towards hospitals because I never knew what the amount I was going to need to pay would be after going to the hospital; and it always seemed to be hundreds or thousands of dollars more than expected.Thanks to the financial security that real estate can provide, I am in a different financial position now compared to where I was 4 years ago.
Preston L'Ecuyer
Newbie from Arlington, Texas
23 May 2018 | 14 replies
(Susan L'Ecuyer, 20 years in business).Real Estate Goals: Make well informed, spectacular deals on Single and Multifamily properties, meet incredible people along the way, build wealth through REI, and creating enough passive income to become financially free.Learned about BP through a family member who does REI.
Dar Fornelli
Lease disclosure from seller was not most current lease
23 May 2018 | 3 replies
The current rents are drastically below market, and our financials were based on upping rents to market in the coming months.