Steven Satterlee
Flip Investor/Contractor relationship split
Hey everyone-
I have a partnership questions, I just purchased a home to flip. Here's the scenario:
I am the Realtor/Investor (all cash)
My contractor partner is going to act as the General for ...
Quinten Jones
Joint Ventures
I have been doing much thinking about Joint Ventures. I do not have any money as of now to start a real estate rehab project. What I am wondering is, how difficult is it to find someone who has the cash to acquir...
Account Closed
Is retiring on $500k in rental properties realistic?
I've been thinking of buying rental property for a long time but am just now getting into it more seriously. I've read that 8% is a realistic and fairly conservative cap rate, so it would seem that someone could retir...
Rich Weese
How many think the worst is over? Part 2.
http://www.msnbc.msn.com/id/38277180/ns/business-consumer_news/
A couple days ago I posted the same topic. The above article is an article that discusses possible deflation and recession for the U.S. There are a lot ...
Glenn McCrorey
What do Flippers do with the profits?
When I watch TV shows about flipping houses and the big profits they make, I wonder if they are paying taxes as the go, or using 1031 exchanges on every one. My wife is a realtor and about half of what she makes goes...
Account Closed
do you check your CPA's tax filing documents?
I never looked at the files that my CPA was submitting for me. Now I started to look for the previous returns and I've noticed that the stock transactions were not reported and several other small things. This presuma...
Bill Gulley
Making Money With Non-Profits
Hi, just posted to a business development thread about LLCs. This is the most popular entity I'm sure for small RE investors, but I have not seen much about working with or as a non-profit.
Just b...
Rohan J.
What is the best type of entity to set up for a small investor?
I live in California and own a few properties in the midwest, and I have heard not-so-great things about using LLCs for small-time investors (i own mostly SFHs and townhomes), like it's more difficult to get a loan to...
Chris B.
Tough decision- To keep my current rental or1031 it into another?
I have a SFH (Single Family Home) in Tucson, AZ and the tenant just moved out. I've cleaned it up, re-tiled downstairs and its in great shape and in a good school district on the edge of town. Current mortgage with ...
Colleen Ferrari
Losing deductions due to income cap
Hi-- this is my first post to the group. I joined a few days ago so please forgive me if I do this wrong. I read many articles and books on investing in real estate. I have owned a few rentals for 20 years or more, an...