
13 October 2018 | 27 replies
I've held until values reach a point where I have refinanced and then used the equity to purchase another building.

22 July 2014 | 11 replies
Is there a rule of thumb for funds to be held aside on rental?

19 November 2016 | 11 replies
I am participating in a Study Group that is held at Scott's office.

1 November 2015 | 15 replies
Let's put it all together Seller signs a deed giving buyer ownershipThe seller would agree to execute a grant deed (warranty deed, whatever its called in your state) in favor of the buyerThe deed is held unrecorded by the escrow management company until the loans in the seller's name have been paid or assumed.

28 July 2014 | 14 replies
So, the Dodd-Frank Act does hit you after all.The SAFE Act is incorporated into the Dodd Frank Act, so it's provisions are a part of the compliance requirement under Dodd-Frank.Next, the SAFE Act states (paraphrased) is that the Act is to cover ANY method, system, plan or other ploy implemented with the purpose of evading the intent of the Act.There is another issue in law that sees any closely held corporate structure, parent, subsidiaries, affiliates or other independent entities as being held by the same or similar beneficiaries of interests as being an affiliate relationship, they look behind the door to see who benefits.

13 April 2015 | 3 replies
BACKGROUNDFor the last couple years, we've had one single private lender that we've partnered on rehab projects with.But after reading and watching Alan Cowgill's material, we decided to host a luncheon, so that we can take on more projects.After speaking with our Accountant, attorney, and speaking to the SEC, we purchased a mailing list of local Accredited Investors, and sent over 1000 of them very nice, professionally-done invitations to our luncheon.We even hired a company to man a toll free line so that we could accept RSVP's 24 hours a day, 7 days a week.The luncheon was held at a very expensive, 5-star hotel in our area.THE PROBLEMOnly one attendee showed up.We're thinking about giving it another try.

31 July 2014 | 16 replies
It's like playing poker.

4 August 2014 | 14 replies
I write poker theory and am a very good player and I believe that I can make enough playing poker to cover our expenses while we are traveling and this will free up my retirement checks to be invested in more real estate.

27 July 2014 | 5 replies
I like that you're serious about your investing now and realize what held you back years ago.

25 March 2014 | 1 reply
I hold my rental properties in my LLC, recently I flipped a house that purchased Oct 2013 and sold March 2014.My Accountant as told me that if I flip a short term hold property that is held in the LLC that holds my rentals, this would disallow me to claim rental income as passive income.He told me if this was not a regular situation he could work around it.