9 January 2019 | 1 reply
Do you simply ask, create a presentation and offer them insight to what they would gain.
10 January 2019 | 23 replies
One thought would be is to provide some exterior photos and I have created a floor plan for each of my homes so prospective guests can get a feel for the flow.
19 January 2019 | 8 replies
Despite all of the noise and volatility in the stock market, positive job growth numbers came out yesterday which show the country is still creating jobs, trade talks are calming and inflation is under control.
31 January 2019 | 1 reply
Would that create some of the same liability we're looking to avoid?
10 January 2019 | 3 replies
It details a bit of how you can do this and get your cash back out by essentially creating your own LLC and issuing a mortgage to yourself.
9 January 2019 | 7 replies
All of these deals were done between Denver, CO and Orlando, FL.We = Me, My partner who is also 22, and the team we built.My 2018 in ReviewPurchased ~$8.6M worth of real estate across 35 properties for ~$5.7MWe sold and closed on 20 of these properties in 2018 for a gross profit of ~$1.15M after realtor commissionsand we still own 15 of those properties with about $1.2M in equity, all of which are scheduled to be sold and closed in early Q1 2019.Total Equity Created in 2018 was $2.35MTotal Equity Realized/Cashed Out was $1.15MTotal Equity in Assets We Still Own is $1.2MWe acquired the majority of these deals off market through our own marketing, and bought three of them off of the MLSTakeawaysYou can buy your first property before you're 25 :)Leverage is a powerful tool if you use it correctly (we stay under ~70% LTV across the portfolio at all times)The reason this worked is because of years of experience in off market acquisitions and an up market.
9 January 2019 | 5 replies
City state job growthCity state net migrationCity state job diversityhttp://www.best-cities.org/ - Milken Institute Best Large and Small Cities rankedhttp://www.bestplaces.net – Sperling’s reports goes down to Zip code levelFrom here create yourself a database and then start mailing or contacting brokers.
8 January 2019 | 1 reply
As we are just starting, we dont have much money (a little over $3k cash) We would like to see about seller financing but want some advice on how to create an offer that would be hard to refuse.
9 January 2019 | 15 replies
I enter summary entries into QuickBooks based on their reports and a form and process I created.
10 January 2019 | 9 replies
You will bust the S election.There is a (new) loophole created under the Tax Cuts & Jobs Act that allows NRAs to own an interest in an S Corp through an ESBT.May or may not be advisable.Again, consult a competent tax pro familiar with similar situations.