Rehaan Khan
HOW DO I AVOID PAYING UNREASONABLE HOA FEES?
I had recently bought an occupied condo in foreclosure auction. The previous owner is still living there. I went through all the legal steps to get possession & recently won a judgement of immediate possession. Ho...
Benjamin Seibert
Land Strategies for 1 Acre
I was wondering if anyone had any recommendations on any tax strategies to lessen the tax burden or creative ideas to utilize the property. Once I graduate college, my mom will be transferring me one acre of land (fro...
Richard Phan
How important is a mentor?
Hi,In everyone's opinion, how important is it to find a mentor/coach when starting out in investing or anything in real estate? I'm learning a lot here, but feel like a mentor would be extremely beneficial.Thanks
Sid Franklin
How did Detroit go broke? Why did property values decline in Detroit? What about Chicago?
I live in Chicago and there's been a lot of discussion recently on whether Chicago could follow Detroit down the path of municipal bankruptcy. Many folks believe that because Chicago is much more diverse in its indus...
David W.
Analyzing a Rental Property Help Please
Hello Everyone! I have analyzed a handful of properties and so far I have experienced that in order to get a 10 cap and a positive cash flow of at least $100 per door I have to cut the property asking price in half. I...
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Arthur Zhou
Co-investing in SFR: appropriate way to account for taxes
My friend and I plan to buy a property together. I'd be a general partner making all the managerial decisions and only my name would be on the mortgage, while my friend would be a limited partner who would contribute ...
Ashish Acharya
Real life example of the real estate professional status
Recently, in the case Birdsong, doctor's wife demonstrated that she actively and extensively managed their rental properties and was therefore a “real estate professional”. RE professional is not limited by the passi...
Vic Hartounian
Need help with Asset protection
Need advise on how to set up best and practical asset protection. I Live in CA. Have multiple single family Properties in various states. Ca lawyer says single member LLC are not really a protection in CA. Need to for...
Richard Lorenzen
The Crisis Among Us
Does anyone have an opinion on the commercial real estate crisis and which areas of commercial it will have the most significant impact on?
Personally, I do not expect apartment buildings to be hit as badly as office...