John K.
Net Present Value (NPV) - the most accurate deal analysis?
Even though Net Present Value is used mainly in financial management I think it is probably the best ratio/calculation for analyzing a real estate deal. Unfortunately in Real Estate Analysis people usually use mainly ...
Jim K.
What's your favorite multitool and why?
I usually carry a Leatherman Juice in my bag and up until recently a Victorinox One-Handed Forester in my jean pocket. Well, I was stupid enough to take the knife to the airport and had to ditch it, so I got a Victori...
Troy P.
CPA Suggested Using 2 LLCs
Hi all,I'm relatively new to REI and extremely new to business entities. I took the advice of so many others and sat down with a tax advisor and attorney. I'd like to put the protections in place now to shield curre...
Christian Beyer
Renting to Illegal immigrants
I'm not sure if this has been touched on previously but it recently became an issue that I never planned on dealing with.My business purchased a duplex back in November, and one of the tenants picked up and moved out ...
Rich Weese
3.8% tax on future real estate sales!!!!
There is a provision for a 3.8% tax on real estate sold beginning in a couple years as part of health care bill! I did try to verify with snopes. It was confusing and only discussed in terms of owner occupied sale. Di...
Nikki Jacob
Clueless, need advice
Hi everyone. I have been reading like crazy everything I can find and I really want to get going but I know I still have some learning to do. I was wondering if anyone would be willing to sort of walk through a typ...
Andrew Hagmann
“Follow the Hipsters” and Other Early Market Indicators
Hi everyone,
A few weeks ago I attended a local investors meet up and one of the presenters said something interesting when asked about areas of the city that he thinks will produce strong rental property investments...
Account Closed
Best area of the US to buy rentals?
I have asked this before and many said to only buy areas in areas I know. Perhaps I am crazy, but I feel like I can get gather enough information about an area from the internet and feel comfortable investing in stat...
Doug Watts
First Flip Listed! Any strategies to avoid CAPITAL GAIN$?
My first flip is listed on the market and should be selling soon. I was just wondering if there are any strategies or things that could be helpful to me on the capital gains. Im pretty sure in texas you have to own ...
Bryan Hancock
The Day The Dollar Died
I found this today about a proposed meltdown:
The Day The Dollar Died
I thought some of our resident Tea Partiers would enjoy it. Most entertaining!