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Realtor fees? Is this true?
"Admin fees vary from brokerage to brokerage. Each is independantly owned and operated. I pay $306 monthly to belong to my brokerage and I work out of my house.
I've heard of some people paying up to $1500 per month...
Daniel Hurtado
How soon did you close your FIRST deal?
Hello everyone and happy new year!I've been in real estate for 2 years now and I still haven't closed on a deal.I think its mostly because I'm doing it part-time and procrastination has been a big factor even though I...
Cameron Riley
Taxes. Making Money off Selling My investment Homes
- I am looking to sell my 2 houses, both myInvestment homes of over 4 years now. - when I sell them, I will have technically “ made” money. Bought for 20k 4 years ago. Selling for 80k each. - What taxes will I have to...
David Grant
What is the best way to invest with friends without an LLC?
Hello everyone,We are three friends looking to invest in real estate. Our first intuition was to get an LLC but we no longer thinks it makes sense for the following reasons:- Have to get commercial loans instead of re...
Andrew Curro
Do you still use the 1% or 2% rule today?
Do you still use the 1% or 2% rule to evaluate investment properties? I will be looking for properties in capital region NY. Based on podcasts and zillow research, it seems that there are less properties that meet thi...
Alex N.
Eustis, Florida Question
Hello. Newbie from Central Florida here. Anyone know anything about the Eustis RE market (pricing, easy/hard to find good tenants, property mgmt company)?
Nicolas Lopez
Motivated moving forward
Sometimes in life everything goes smoothly and sometimes the unexpected happens and life doesn't goes your way.The important thing,knowing how to turn problems into opportunity
Payman A.
Depreciation recapture
Hi guys,Posted questions in the Tax category but didn't get any replies so coming back here where I've previously had great communications. One of my three questions is really not relevant so here are the other 2:- I...
Matt M.
Article i hust found on google has some of your comments
Morning all..
an article about landlords was on my google newsfeed just now. Some of the quoted comments I recognized your profile pics.
@Thomas S I definitely recognized yours, the house.
Brian Adams
How does the IRS tax an Acquisition Fee?
I recently closed a 240 unit deal and in my deals as the syndicator, I received an acquisition fee for putting the deal together.My background is a CPA so I feel I have a pretty good understanding on how the fee shoul...