Toyin Dawodu
SKIN IN THE GAME- WHAT SKIN?
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...
Laurence Walsh-Hodson
re: bad investments
Hi Friends,My husband and I have been working with a company to invest out of state in Indy. The process has been horrible and arduous. The property has a great cash flow and a good cap rate, but the company keeps cha...
Elizabeth D.
Vent! Why is real estate investing so shady!?!?
I’ve been wanting to become a real estate investor for years now. I have 2 rentals that I did through traditional mortgages but am craving more. BUT EVERY TIME I try to learn more about different ways to actually bec...
Account Closed
Had no idea Californians were spiritual
It would be great to actually hear from people renting in the LA metro area regarding the affordability issues, income keeping pace with investor projected rent growth rates and trend in housing prices. Renters feeli...
Edita D.
Tenant owes us 3700$ with intention to file for bankruptcy.
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
Wade Kulesa
Is Dave Ramsey correct? Anyone still around after 10 years?
I've been on the Dave Ramsey bandwagon for the last several years. His advice definitely worked to get us out of debt and allow us to save a pile of cash. But as I look to get more into real estate investing, there's ...
Account Closed
Avoiding a 35% tax bill and real estate 'dealer' classification
It appears the difference between a 15% and 35% tax bill is whether or not you are classified as a real estate dealer. Many consider you an RE dealer (or at least the IRS does), if you have a way of selling the prop...
Nick B.
How objective or subjective is apartment classification (A,B,C)?
Hello BP,Are there any specific set of features that must be present or absent in a certain apartment class?Here are few items that I sometimes get confused about:Age: 0-10 - "A", 11-20 - "B", 21+ - "C" - this is a ge...
Shera Gregory
Entity classification for LLC where SD 401k trust is the member
I am planning to create an LLC with the Solo 401k trust as the member to provide liability protection when I purchase real estate and some separation of assets within the 401k. Should I elect something other than the...
Andrew Angell
Questions around Passive vs. Active classification of activities in my LLC.
I leverage my Life Insurance cash value in a couple of different ways with an LLC, and I have some questions about active vs. passive classification on the deals I'm doing.
I take a policy loan personally, and then I...