
24 May 2021 | 2 replies
So, that's what lead to me thinking about co-signing with either my sister or the investor I have been building a relationship with.

25 May 2021 | 1 reply
Even if a real gift occurs, you have zero basis in the property and hence no depreciation benefits, as well as any subsequent sale being subject to capital gains on the total sale price.Your father in law can form an LLC, transfer ownership of the property to the LLC, and gift a percentage ownership to your wife each year.Finally, don’t take anything I or anyone else says on a forum as definitive; these strategies require the opinion of a tax accountant or a tax attorney - or both.

20 June 2021 | 1 reply
My Goal is to create a fine tuned system that will eventually lead to multiple commercial properties cashflowing enough to offset my current W2 job.

28 May 2021 | 18 replies
My assumption, clearly wrong, was that the low supply of houses means low amount of selling, leading to appraisers sitting around.

26 May 2021 | 5 replies
Googling the entity name might yield more information about who the key players are, and you can use the tax assessor website to search by name and see what else they own, and if there is a lead to be had through one of their other holdings.

28 May 2021 | 6 replies
So, they won’t work with us.We’ve also learned that contractors usually fall into one of the following categories:Type 1 (High Quality, High Price)They can do new construction, additions, full remodeling, but maintenance work is too small for them.Typically pay for advertising, have sales staff, separate bid preparers, inhouse designers, full office support.Equates to a lot of overhead, leading to markups of 50%+.Bids: Usually have a dedicated salesman that does their bids, so able to supply quality bids.Comment: Usually have the highest prices & quality, and so these are the contractors you’d hire to work on your own home.

16 June 2021 | 3 replies
I'm wholesaling in NJ and I have a bunch of leads where sellers would prefer selling with a realtor or their property is renovated and they want market value.

28 May 2021 | 0 replies
I've been using PropStream for the most of my deals, but I'm curious to know where other investors that are actively closing deals pulling their leads from?

29 May 2021 | 1 reply
Sloping floors lead me to get an Engineering report; they recommended 6 exterior pilings, sistering 169ft LF of 2x6, and 24 LF of sill plate.

31 May 2021 | 2 replies
If there are any lawyers here that are also investors in RE, I would be interested in learning from you and subsequently work with you/hire you when we eventually move forward with this.