Michael Wagner
Storage Facility #2 - $1,000,000 in profits over 4 years.
3 June 2021 | 2 replies
I was attracted to this one because it was storage and it was close to home!
Michaela McCoin
Non-performing Notes Newbies!
10 June 2021 | 25 replies
If folks want to get experience being the bank and in states that you need no license for non owner occ loans.seems to me originating a new loan that is first position with cash equity to a going paying concern is pretty attractive option.
Jennifer Nesovic
Does Gift Tax Apply or Does Lifetime Exclusion Prevail ?
4 June 2021 | 2 replies
I have one CPA telling me it does not and the donor must pay the gift tax on any amount over $15K annual and countless blog and other online info saying that any amount over $15K goes toward the lifetime gift tax exclusion ( currently over $11 million and soon to be reduced to $3 million) The parent IS NOT interested in a 1031 exchange BTW....and I will be seeking the advise of a RE Attorney...I just want to understand why it is so unclear.Appreciate any information.
Neil Narayan
Switch to put data center next to Dell HQ
2 June 2021 | 0 replies
Switch Inc. has announced plans to open a 1.5 million-square-foot data center, dubbed "The Rock," next to Dell Technologies in Round Rock.https://www.bizjournals.com/au...
Kyle Stueve
RV Park Strategy (Hybrid or Standard)
3 June 2021 | 3 replies
The attraction is the destination town, not the park per se.
Paul Sandhu
Do your STR tenants increase your vocabulary?
3 June 2021 | 1 reply
Here's mine from the last few days.Propane stripper: a large piece of equipment that removes propane from semi-refined crude oil just before it reaches a fluid hydraulic catalytic cracking unit.Chulo: Spanish, a pimp or gangster type of person that is attractive looking.
Timothy Smith
2 Weeks Past Closing and waiting.... on a $60mil mortgage
7 June 2021 | 2 replies
And here's the back story.I have a my first deal, only problem is its tied to a $60 million mortgage.
Steven Kleppin
Looking for syndicator that refinances, keeping equity position
20 June 2021 | 4 replies
So if 3 million was needed and investor put in $1M they would be 33% owner of 70% offered or a 21.3% owner/share of profit.
Brett Mack
First time syndicating
2 July 2021 | 5 replies
Here are some of the best ways ot find investors that have worked for us-Going to Meetups/REIAsCreating a thought leadership platform and attracting investors there.
Jorge Lopez
New refinance that is coming to home owners
3 June 2021 | 0 replies
FROM MONEY It's About to Get Easier for Over a Million Homeowners to Refinance Their MortgagesTwo new mortgage refinance programs launching this summer should make it a little easier for lower-income borrowers to save on their home loan payments.Starting on June 5, Fannie Mae will offer a product called Refi Now.