James Farrel
Security Deposit Only $200?
The apartment complexes near my units are only asking approx. $200 security deposit. I am asking minimum one month's rent. Can anyone explain to me why/how are they able to keep their security deposits so low witho...
Brian Dowling
Tax Consequences Solo 401K
I am Passive Real Estate investor and plan on investing in an ATM Fund in the amount of $200K. The investment will provide investors with a 24.7% annualized preferred return (paid monthly), and the potential for sign...
Caryn Fischer
Tax question with selling a house
Hello all. Can someone explain the details of selling a house to a child?
Is there a limit on pricing?
Does it have to be sold at fair market value?
Are there limits to the “look back” for primary home exemption?
...
Mark S.
How Much Would You Pay for This Duplex?
Hey guys, What would your max offer be on the following property:Duplex (950 sq ft each) - 2BR / 1BA units. 30+ yrs old.MONTHLY INCOMERents: $500 x 2 = $1,000/month.MONTHLY EXPENSESVacancy loss (@ 8% or 1 month): $80...
Bob Malecki
Subject To question regarding changin insurer
I'm doing my first Subject-To deal and have a signed Purchase & Sale agreement. I'm opening escrow today and will be getting a warranty deed at closing.
On another forum, someone said that the lender on the prim...
Harika Tumula
Your thoughts on buying a townhouse in Greenville, SC
Hello everyone, I'm new here.
I need your inputs and advice on a deal. Also, I'm looking for a lender, property manager and realtor in Greenville SC.
So I'm interested in buying a townhouse in Greenville SC. House i...
Kristopher Hanks
First deal jitters!
I finally had an investment mature and now I have pulled the cash out of it and I am ready to look at my first deal. I am at that point in the webinars where I feel like I am ready to jump off that cliff @Brandon Turn...
Adrian Brown
Single Member LLC with both spouses
I understand that me and my wife can both be on our Texas LLC, and we can still file as a Single Member LLC so that we have a disregarded entity from a tax perspective, but we still have the liability protection. In f...
Stephen Leblanc
cash reserves
Ok here is my situation. I just bought a duplex which closed 2 weeks ago. This leaves me with a positive cash flow of $750 per month from the 5 units I own. The problem is I made a deal with myself that I would not...
Azita S.
Early 401K Cash out
Is cashing out a 401K to invest in RE a terrible idea?According to an online early cash out calculator, I'd be paying a hefty fine and taxes on the balance, receiving less than half the current balance. I've been con...