Ryan Hansen
Issue Transferring a Rental Property to our LLC
Hi Everyone,We have been planning to move the ownership of our rental property into our LLC for tax reasons and to protect our personal assets. However, our lawyer has informed us that it could be problematic because ...
Zak Boca
New to commercial real estate; looking for advice
I've been in the tech space, sold a somewhat sizable company last year, and I'm looking to learn more about commercial real estate. I have the time, and dollars to invest, but I'm starting with little knowledge of the...
Wesley Mullen
Reducing 401k contributions
As soon as I started my Corporate job, I was told like many others to max out my 401k contributions to take advantage of my Employer match (100% first 3%, 50% next 2%). So I've been contributing 5% the last 5 years. B...
Ian Richardson
Agent wholesaling strategy help
I'm an agent in Baton Rouge, Louisiana and have an opportunity to put together a wholesale deal but am confused as to the process due to me being a licensed agent. So far, I've called the homeowner after seeing a rent...
Davey V.
GC cut of the profit on spec home
I have completed my first spec home sale, and it went extremely well. I had a GC build it turn key and it went under contract before it was completed. I made quite a bit on it and it was a complete success. I did n...
Account Closed
What does Investor Psychology mean to you?
[quote = Bill Patterson]I actually think it goes quite well in "Investor Psychology". It seems that it has received a lot of back and forth and it has opened the door for the expression of investor psychology that see...
Wendy Huang
Multi family vs. Multiple single-family units
1) Is it true that to invest/buy a multi-unit apartment one would need minimum 20% down payment? If that's true, isn't that only possible for big finance companies (not for individual W2 earners, despite solid income ...
Account Closed
Buy rental for cash, then what?
So I found a property that will rent for $500 and I can buy for 30K cash.
My problem is that I then will have 30K + 5K (repairs) tied up for a couple years until I could do a cash-out refi. There is no way to figure...
Daniel Dietz
Appraiser for "Valuation Adjustment" on 3-way LLC/ROTH Conversion
Hello All, II am looking for feedback on two things;1)The 'concept' of getting a 'valuation adjustment appraisal' on our 3-way LLC that is made up of 3 SOLO401Ks that own rental properties and are currently NOT in 'th...
Mario Cantu
Looking to buy a fourplex.
I am in the process of trying to buy a fourplex property without a down payment through an owner finance agreement. I do not have anyone close that I can discussed this over with to get and outsider view point to p...