Austin Hughes
Why I made my offer less competitive on purpose
Today, I made an offer on my second property. (Haven't gotten one under contract yet.)The discussion I had with my realtor might benefit you guys, so I'll share it.The property was a trustee sale; AKA the owner died a...
Butch Greene
Seller wants to wait a year for tax purposes?
Looked at buying an AirBNB that we know about. House is rented out regularly but also has a 2nd homesite that has a septic installed & perked for 2 Bed. They've got a travel trailer sitting on the septic for the t...
Mikael Winkler
Purposefully Holding Down ARV for Buy and Hold Rental?
Hello all,I have a scenario I've been kicking around regarding ARVs on rental properties. An investor is able to get a property at a significant discount, and it really only needs cosmetic repairs (flooring, paint, ne...
Dmitriy Pukhov
Salesperson license in MA solely for investment purposes: broker?
It is my understanding that a good amount of investors start off as real estate salesmen. In this case, how do you go about keeping your affiliation with your broker, after you decided that fulfilling their hourly req...
Dan C.
Structuring of Family Private Money Loan for Business Purposes
I recently bought a cash-flowing duplex and SFH home. I am house-hacking the SFH and the split will be somewhere around 28% personal and 62% business. Some of the money I used was my own, but I also borrowed multiple ...
Benjamin Riehle
Purposeful Action Leads to Massive Results Agent Success Story
Earlier today @Scott Autenreith a sales agent on my real estate sales team in Tucson, Az. was interviewed by the CEO of Keller Williams Southern Arizona regarding his massive success during his first 6 months as a lic...
Roberto Fernandez Andersson
Lending private money to friend for property investment purposes
I want to lend my friend >$50k so he can buy a property and flip it. All risks aside, what are the tax implications to consider? Interest income will be taxed but how about the initial tansfer of money or when my f...
David Brown
Labor references to re-purpose a commercial building in Utah
Just joined today!I have a few residential properties and one smaller commercial property.I'm considering a commercial purchase around 17,000 sf North of SLC. That I intend to re-purpose as office/co-working space. ...
Jim Su
Valuation of a new self storage facility for tax purpose
Hi,
I am buying a raw land to build a new ground up self storage facility in central Ohio. I understand the lender will determine the value from the construction cost for the lending purpose. I am wondering how the c...
Mike Schorah
What’s considered rural for the purpose of getting hard money?
Is it a certain population? And why do hard money lenders always say NO to rural locations?