Joel Arzu
First time flipper in Aurora Colorado
My brother and I are in the infancy stages of real estate investing (research and connecting/networking). And being that he lives in Colorado (Aurora), that’s where we’re looking to start flipping properties. We also ...
Jeff Button
Jeff Button - options trader
Hello everyone. My name is Jeff and my wife, 1 year old son, and I moved from McKinney Texas to Lincoln this summer.
I'm so thankful that I was pointed to this community. 6 years ago I undertook a quest to learn i...
Brian Orr
How to pay employees with more than one business?
What I'm trying to understand is the employer side when you have multiple companies (I don't just mean multiple LLCs for properties), and are working in and hiring people that work in both. For example:
I have a real...
Sarah G.
Selling your own flips and taxes
Hey everyone,
I recently became a real estate agent and am selling my own flip. My question is for taxes is it better to not take commission and take the profit as capital gain or take commission and it be a taxed li...
Ryan Ahlgrim
How Do Agents List & Sell Their Own Home?
I'm a licensed agent getting ready to list my primary residence for sale. The idea of paying the buyer's agent a full 3% is giving me a bit of heartburn considering I'll handle the majority of the work. How have other...
Mark Williams
Self Storage question
I'm looking at my first self-storage facility. 20,000 Square Feet, and they are asking 1.2M with a stated NOI of $82,000.I'm probably looking at $300K for the down payment which I would have to raise. This place isn't...
Joshua Bautista
LLC by yourself or with a partner?
Do you guys prefer owning an LLC on your own or with a partner and why? I’m struggling to decide if I should partner with my significant other or if we should have separate LLCs. Thanks in advance!
Nate Pucel
How do you determine depreciation basis on a renovated rental?
Bought a house that sat vacant for a while and renovated it over the course of a couple years. Never lived in it, and much of the renovation I did myself. The area has a couple houses that were renovated and sold, ...
Mitchlyn D.
Pull out all the Equity... Or only what I have put into it
Hi Everyone,I purchased my primary home for $95K. We currently owe about $83K. I just remodeled the master and will do the same for the guest bathroom using my personal savings for both bathrooms. Comps in the area ...
Nik Moushon
Potential Tenant with future court date
A quick disclaimer, this potential tenant, we'll call Rose, has other issues with her application that will cause me to not accept her but i'm posing this question to gain some knowledge and opinion. She toured the ho...