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Results (10000)
Account Closed Market Value used in preparing loan docs
13 March 2011 | 6 replies

It seems that there might be some confusion as to how to fill out financial information when requesting a loan. How would you value your rental property real estate in the real estate schedule section? I know how I...

Eric Guasch Florida Mortage Servicer License - Net Worth Requirement
9 November 2016 | 11 replies

Hello All-I am interested in applying for the Florida Mortgage Servicer License. According to statute 494.00721, the company must maintain a net worth requirement of $250k in order to originate and service the debt on...

Javier K Perea Should new investors have a financial advisor?
21 April 2020 | 5 replies

Hello,As a soon to be first time landlord, I am curious as I look to build my rental portfolio, would it be helpful to have a finacial advisor on my team to help have a well thought out on paper overall goal. I feel a...

Adam Sieg Converting primary residence to rental
5 May 2022 | 5 replies

I'm curious if anyone has any thoughts on this.  I believe I once heard in an interview that Grant Cardone doesn't own his primary residence, he actually rents it from his business entity.  Is this actually a thing?  ...

Scott Passman So.....what is your bet?
2 May 2019 | 12 replies

I am typically very conservative when it comes to taking on debt and over-leveraging myself.  But I can't help but think about the currency inflation the Federal Reserve and government have been pushing the past few d...

Account Closed Do you know where you are personally?
28 December 2010 | 51 replies

How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.

A personal balance sheet is slightly different than a business balance sheet.

Major Elemen...

Jon O. Best Long Term Returns - Hold or Sell Investment Property?
19 March 2016 | 25 replies

Hello,I would like your help in analyzing the long term investment potential of either A. Holding the rental unit or B. selling it and diversifying my assets.Background: 3 Years ago I decided to hold onto a condo I ow...

Glen Mauldin Percentage of Net Worth in Retirement Funds
25 August 2018 | 5 replies

I know that everyone’s circumstances will vary based on age, risk tolerance and other factors but in general, What is a reasonable percentage of one’s total net worth to have in retirement accounts such as IRA, 401K, ...

Johann Jells Advice on restructuring into an LLC(s)
20 November 2013 | 13 replies

My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...