Piyush Josh
Does anyone have feedback on Phoenix American Hospitality and their fourth fund?
Hi,I came across a high cash flow fund recently - Phoenix American Hospitality's REIT https://fourthoffering.phoenixamericanhospitality.com/. They claim to distribute 12% cash return in addition to any capital appreci...
Phil Savio
SBA Disaster Loans Received?
Hello All, I filled out the application for the disaster loan and it was indicated that I would be eligible for a loan up to $10,000. A couple of weeks later I received an email saying the loan would consist of a $100...
CJ M.
Why not take secured EIDL?
I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...
John Blanton
How Quickly Can You 1031
I recently closed on a 14 unit MF property in Central NC. I was able to get it at a fairly low basis and it appraised well above the contract price.I have spoken to brokers that have told me if they being me an offer ...
Monty Berrow
Due Diligence on a 12 unit in Florida
Hey guys,I am currently in the process of purchasing a 12 unit property (8 studio, 4 one bed one bath). I will have 14 days to conduct due diligence which means I need my team ready prior to then. What can I expect to...
Broquelle Arguello
$40mil ABCP on the line - going to REIT's & Int'l investors soon
We have secured an offer to purchase a package of $40mil worth of ABCP + a consistent future flow to buy up non-performing commercial loans (not cherry picked, but definitely audited). Currently knocking on all known...
Anthony Rodriguez
Auditor seeking experience in Real Estate Investments
Greetings all,I graduated from DePaul University in Chicago, IL., in 2014, with a dual degree in Accounting and Management Information Systems, with a concentration in Economics.I'm a Chicago local, working for a Tele...
Account Closed
Denver Needs Better Short-Term Rental Enforcement
This came across my news feed on Next Door and I thought I would share it here for folks that do short term/AirBnB type rentals in Denver => http://www.denvergov.org/content/denvergov/en/denver-auditor/newsroom/201...
John D.
Filed 3-day, but tenant probably not there
Bought a property at foreclosure auction a month ago. Supposedly occupied by the former owner. Seems likely he's not living there and has just staged the place as such, and comes by once every other week to check on...
Gulliver R.
Taxed on cash out refi Money after a selling
Hello all,
I know that asking tax questions will most likely lead to a “talk to a CPA” or “it depends” answer. But here we go anyway!......
If I do a cash out refi on a non-owner OC investment property that I own in...