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18 December 2018 | 12 replies
Can’t agree enough with Jay about checking out Rarebird-it’s a great organization.
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22 December 2018 | 5 replies
It was the first organized meetup I have been to and was informative and motivating.I know that you're not in the Chicago area, but I'm sure there are some local investors down near you who meet up at restaurants or other establishments to network and interact.
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22 December 2018 | 6 replies
Courses & books are nice as they organize & streamline everything for you.You can network with other investors to find a mentor.
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19 December 2018 | 2 replies
@Wells MangrumYou'll want to work closely with your CPA or engage a CPA who will examine your facts and circumstances as donation of appreciated (FMV > adjusted basis) assets previously used in a trade or business is complex and not as straightforward as donation of cash or appreciated stock.Generally speaking it's advisable to hold the property for at least a year and you'll get no benefit for the portion of the unrealized gain attributable to Sec 1245 Recapture & Sec 1250 Unrecaptured Gain (Treas Reg §1.170A-4).Also very advisable to have a 'qualified appraisal' done on donations of real property to charitable organizations.
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27 December 2018 | 6 replies
If you use an LLC, and using an LLC is not always a requirement of the lenders we sell loans to, they are going to require a copy of your Operating Agreement, SS-4 (the EIN letter from the IRS), W9, Articles of Organization and a recent Certificate of Good Standing.
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22 December 2018 | 1 reply
As long as both units are up to fire code including an egress window in the basement unit (if required in your area), clean and safe, you should be fine.You'll want to find a way to bill the utilities separately, like RUBS or sub-metering.
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28 December 2018 | 27 replies
(Btw we paying 65 Cent per letter) We going to put 850 street signs (still waiting for a final answer from the county to make sure we’re doing it only on a legal locations) That’s come along with business cards that we going to give away daily , and stickers “we buy houses “ on my car, and also do door knocking for homeowners who’s in pre foreclosure.Hopefully all of it will bring us another 6 deals .Also I’m going to hire a GREAT Seo mannager to work on my website so hopefully for 2020 Well be able to extend the business for online marketing too and getting leads organically too.( I was thinking at the beginning of getting into ppc and direct mailing together but than i decided to focus on one things , be great at it , and than invest on other things, also I spoke to few very successful flippers in my market and they all said that DM is their best source of leads .I would be happy to hear your opinion and tell me if we miss anything or things looks good to you .btw , michal Quarles is a great great source of info so for the guys who never read his posts on bigger pockets or listen to his podcast, I’m highly recommend, absolutely love him . * you guys thinks the goal of 24 deals per year it’s realistic for this one year strategy?
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24 December 2018 | 3 replies
(Btw we paying 65 Cent per letter) We going to put 850 street signs (still waiting for a final answer from the county to make sure we’re doing it only on a legal locations) That’s come along with business cards that we going to give away daily , and stickers “we buy houses “ on my car, and also do door knocking for homeowners who’s in pre foreclosure.Hopefully all of it will bring us another 6 deals .Also I’m going to hire a GREAT Seo mannager to work on my website so hopefully for 2020 Well be able to extend the business for online marketing too and getting leads organically too.( I was thinking at the beginning of getting into ppc and direct mailing together but than i decided to focus on one things , be great at it , and than invest on other things, also I spoke to few very successful flippers in my market and they all said that DM is their best source of leads .I would be happy to hear your opinion and tell me if we miss anything or things looks good to you .btw , michal Quarles is a great great source of info so for the guys who never read his posts on bigger pockets or listen to his podcast, I’m highly recommend, absolutely love him . * you guys thinks the goal of 24 deals per year it’s realistic for this one year strategy?
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30 January 2019 | 3 replies
You can also implement a RUBS program (see if it's applicable in your jurisdiction).
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12 July 2020 | 21 replies
So to answer your question, it may be good for churches, and other service based organizations to try and play more of a role in this topic.