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2 August 2016 | 2 replies
I currently have a business of my own that's doing well, non-real estate related, and I've got a few questions starting out:I'm essentially an oilfield service company, can I use pre-tax business profits to invest in real estate within my own company?
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23 September 2018 | 31 replies
Bad debt, to be sure, because you're depending on getting hired as a W2 as opposed to taking the initiative to use what you've learned to build a business and an income for yourself.If I can borrow money at 4% and lend it back out at 12% or better, I'm getting the spread as income with, essentially, no "out of pocket".
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3 August 2016 | 4 replies
SAAS providers make it possible to keep tabs on your finances, customers, and more from anywhere, freeing real estate investors from geographical constraints.And I would be remiss not to mention real estate crowdfunding since the industry would be essentially nonexistent without the tech tools available today.
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25 February 2017 | 3 replies
It got my attention because from what I saw it is a way to invest in a highly desirable destination and the hotel essentially can function as your property management to rent and maintain the room.
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25 October 2016 | 7 replies
I had a good run, did about 10 transactions for around $4M in production, and I also ran a "listing coordination" gig for some of the big agents in the office where I'd essentially manage the preparation of properties (improvements/repairs, staging, marketing) for a percentage of their commission- I worked on about $20M worth of sales in this role.
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5 August 2015 | 3 replies
So essentially this would involve us closing on the sale but having all of the documents held in escrow as opposed to being recorded publicly.
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19 August 2018 | 12 replies
One thing I really don't like about Five Mile is that there are essentially four narrow, two-lane roads going up the hill, one at each point of the compass basically.
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11 August 2015 | 6 replies
Surprisingly when the house was (re)wired in the 1950s, fuse panels were put into each quadrant of each floor of the main house (essentially each room) and the rooms were wired to the local panel rather than trying to pull wiring back to the mechanical room in the basement.The last remaining descendants, who themselves are getting on - live quite some distance away, and have been maintaining the house since their parents have passed away {I'm told the property has/had its own trust fund}, but now want to be rid of the burden.I could turn it into six nice apartments - but unless I destroyed the character of the building in the process, the current operating costs {10K/year to heat) would make it un-viable.
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7 August 2015 | 2 replies
I formation wise, essentially the same, and maybe easier for the novice to read.
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7 August 2015 | 2 replies
Continue on your learning journey but also remember that action (and feedback analysis) is essential for success.Glad to have you on the forums!