I'm lucky. I've been an investor for 4 years in AZ, have 12 units and just now am having my first bad tenant experience. This tenant was consistently late with rent, but had made good faith efforts and stayed in com...
has anyone had any experience, from a tax standpoint, in assigning a contract for profit? in other words, what type of income does irs consider this transaction for person assigning?
jim
I'm considering delving into small multifamily or mobile home parks (for rental/cashflow) in the $500k - $1.2M price range.
My questions:
1. Since commercial financing consists entirely of balloon loans from what I...
I've heard advice through several podcasts that if one bank turns you down, to keep trying until you get a "yes." Can anyone give more insight on this topic. My impression would be this would hinder my credit. How ...
I have been using AirBnB for a few months and have really enjoyed it! Now Virginia has passed some extreme laws about writting letters to neighbors, asking the government for permission, registering as a business, et...
Hello all! Been reading these forums and the rest of the BP site for awhile now and believe I have come up with a strategy for investing in real estate in the very near future. I hope to get a critique of the followin...
I would like to start using social media, in particular YouTube, to market my business but I know very little about it. Can anyone suggest training videos, books, or other resources that would help educate me on the t...
I am a Leader for the cause of helping people create and accomplish a vision, in doing so that we can all begin to create a new future that is not controlled by the past. I help others believe in themselves and work ...
Who's using this strategy effectively to build their portfolio? I'm planning to target mom and pop owners with 4-20 units in B- and C areas. Do you have any tips for someone looking to land their first MLA deal, good ...
I'm interested in purchasing a piece of raw land that is about 20 acres using my IRA. It is currently raw land with no improvements. I have more than enough in the account to pay for the land - about 4X the cost of ...