Let's have a little fun and possibly learn something about ourselves:The Green Button is a guaranteed $1M wired into your account today.The Red Button gives you a 50/50 chance at $100M being wired into your account to...
How does the bank know if you are fulfilling your one year owner-occupied requirement? Does this change if you move out but don't actually have a tenant until after the one year is up?
I'm not saying I am going to d...
Hi All,I have the 10bii calculator app on my iPhone that has an "easy mode" to determine the purchase price of a note based upon entering 1. the monthly payment, 2, the remaining term in months, 3. the desired annual...
I have used 2 different CPA's and they all seem to think alike. Both prefer I max out my SEP IRA / HSA before putting the money into real estate. I put a nice chunk of cash into both but I want real estate to be my m...
Hi everyone,
I'm curious to hear people's thoughts on A class assets. I hear a lot of syndicators targeting B and C class assets in order to reposition and safegaurd against market fluctuations. But there are plenty...
Hello! I would like to ask for your advice on what strategy I should consider giving my situation and goal.<Situation>I have W2 and I can save $30k a year from my salary. I am a passive cashflow guy (so far).I l...
Has anyone 1031 exchanged in different states? (EXAMPLE: I own a property in NY and wanted to buy in GA) Is this possible? Anyone have any stories or experiences exchanging in different states? Love any and all respon...
Hi everyone! I recently purchased 5 acres with the intent to develop a small, less than 10 lots, residential subdivision. I am not a licensed real estate agent but have purchased and sold many times over the years a...
I bought my first investment property under an LLC this year. The house was purchased in October and is still in rehab. I was told that since it’s not “in service” that I won’t be able to deduct my expenses. Could som...
I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...