Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
Specific Performance, Damages or Both.
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
What are the odds of a vehicle accident resulting in a settlement greater than vehicle liability will cover?
Matthew Orr
Should I sure for specific performance?
28 January 2025 | 4 replies
I am currently under contract with a wholesale deal that was to close on Monday. The property is being purchased at 103 with an ARV of 375. The wholesale deal is at 81.5. Everything on my side was set to close, and th...
Matthew Orr
Should I sure for specific performance?
26 January 2025 | 2 replies
I am currently under contract with a wholesale deal that was to close on Monday. The property is being purchased at 103 with an ARV of 375. The wholesale deal is at 81.5. Everything on my side was set to close, and th...
Mary Jay
How to get HELOC/ or other type of loan on a rental?
21 January 2025 | 6 replies
Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle, so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.
Don Konipol
How Large a Part of Your Total Assets is Real Estate?
23 January 2025 | 4 replies
The remainder is primarily in annuities, bonds and cash related vehicles.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
The are some specific limitations on SUVs and crossovers even if they're over 6000 pounds, so you should make sure the particular vehicle qualifies.
Drew Sygit
A Logical Way to Understand & Monitor Your PMC's Maintenance Charges!
26 January 2025 | 2 replies
You can call suppliers, but may need very specific details to get a meaningful number.
Patrick Wood
Investing seed money: what financial instrument to use as a bucket
14 January 2025 | 2 replies
My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?