This is an article I wrote last year, and has received more attention and likes on BP and LI than any other article I've ever written. I wanted to post it again, driven by a recent message I received from a gentleman ...
Hi All, I have a 13 year old rental property in Austin that needs 4 lbs. of R22 refrigerant. I'm being told by the HVAC contractor that because of the phase-out R22 is $125/lb. If I'd like to find the leak that will c...
Hello,I have been investing in real estate since 2012. I have been purchasing value add apartments for the purpose of capital (or asset) growth. My company buys apartments with management deficiencies and also in need...
Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust. Basically, they're saying that ...
This post is for LONG TERM BUY AND HOLD RESIDENTIAL REAL ESTATE INVESTMENTS.First, let's bench mark the range of options so we can put in context any potential opportunity: - CDs and some savings accounts are back to ...
Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
Howdy everyone, I've got a question for you tax and legal gurus. I'm getting highly differing feedback from my lawyer and CPA on the proper structure and taxation of Texas Series LLCs.
The CPA is advising that each ...
What skill sets or background knowledge did you have before closing your first deal? What skill sets or training did you acquire along the way?I am very curious to understand what it takes both professionally and with...
Newbie from Belgium relocating to the US on E2 visa in the coming months.I'm 43 with wife and 2 great kids. Looking to partner up to start buying - fixing - renting out and flipping properties.We have not set a locati...