Account Closed
Your Take on the Short Squeezes From the Banks
This is something I suspect many are seeing more and more. It is the case in my investing area, and I have people in other parts of the country reporting the same thing.
The banks are apparently switching gears and i...
Bryan Johnson
Question on Potential Real Estate Investment Partnership
Hi All,
I've been reading for quite some time, but finally decided to make an account given my current situation.
I have been presented with a partnership opportunity for a real estate investment. For a...
James Johner
3 years. Nearly 30 units. With $30k. Financial independence.
When I first heard the term “Financial Freedom” I was anxious to know what that felt like. To be “retired” financially and have the ability to do...well... nothing if that’s what I wanted. Well, there is not a chance ...
Robert Raffalo
How is the 1% rule calculated? Can someone share the inputs?
Is the 1% Rule simply calculated as: Monthly Rental Income / Home Purchase Price?
Justin Fox
Capital Expenditure depreciated over life of property.
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Corey M.
Cash out refi VS new loan for rental property
Hi,I have about $340k of equity in my home that I'd like to put to work. I'm currently paying 3.625% interest on a 30 year fixed, and am considering taking out $250k in equity, which would likely be at a similar inter...
James Hamling
Free & Clear Homes
Any advice from those in the know, as to the paperwork to use when sealing the deal on an owner financed purchase on a free& clear property?
Simplicity rules the day, the idea is to have it pro buyer, legally iro...
Cliff Harrison
Biggest Deal so far - 40 duplex units Lee's Summit MO
After three months of pursuit, I finally closed this deal in Lee's Summit for 20 duplex buildings in a nice park-like community. Lee's Summit is a one of the nicer suburbs of Kansas City, MO with highly rated schools...
Isaac Frost
Finished my First Deal in Portland, Oregon - WIN
I’m so excited to finally share the results of my first Rehab/Sale deal. I hesitate to call it a ‘flip’ considering that we held the project for just over a year. This has been quite a year and I’ve put countless ho...
Mya Austin
Is It Cash Is King or Let the Bank's Money Work For Me?
I have been in real estate for years. I started part-time, more clerical. Later worked the office gig into full-time and then was licensed. & Over the years have worked a salary niche of commercial and retail prop...