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Results (10000)
Account Closed Seller requiring proof of funds and offer
28 August 2019 | 20 replies

Hello everyone! My husband and I are new investors and are currently looking for our first property. I found a triplex that cash flows, however the seller is requiring proof of funds and that an offer be made before t...

Candace Ellison Which account does property managers hold Reserve funds?
8 April 2020 | 1 reply

Hi guys,I recently obtained my brokers licensed in Tennessee and I am launching a property management business in June. In Tennessee, brokers are required to maintain an operational account and trust account. The only...

Isaac Hayes Retirement Account 10% Penalty to Access Real Estate
3 November 2021 | 5 replies

I plan to purchase a four-plex in Columbus, Ohio within the next two months. I had planned on liquidating a standard brokerage account for the down payment. However, because I plan to retire and live off passive incom...

Tim G. Calculating profit after flip sells
8 February 2016 | 13 replies

So this seems like a very noob question but I am having a serious brain fart here.  Almost embarrassed to ask this!I just sold my second flip and i'm trying to calculate the exact profit amount.  I've crunched the num...

Kyle Beauchamp Need a review of single member LLC operating agreement
23 January 2018 | 3 replies

I recently registered a single member LLC in Kansas. I got an EIN from the IRS. I opened a business checking account. I have the first property under contract. The title company is asking for an operating agreement. I...

Jacob Phillips Cash Flow is still out there!
15 August 2023 | 4 replies

View report I wanted to share this as an option for those investors struggling to find positive cashflow due to increased mortgage rates and sale prices. This is fair market rent for Section 8, with a minimum 1 years ...

Account Closed Seed Capital Consulting
30 January 2018 | 10 replies

Seed Capital is important for my first investment. I just discovered SeedCapital.com, seems like a great company. Can anyone share advice on how I can get Seed Capital to invest in the Ukraine or work with SeedCapital...

Eddy Jerez Depreciation of a Rehab - No depreciation on added value?
14 July 2020 | 5 replies

I was doing my 2019 taxes, and my accountant says that the added value of my condo investment cannot be depreciated. Say What?  I bought November 2018 for $215k and rehabbed.  Been renting very well for short term occ...

Hugh Carnaha Are Cap Ex, Vacancy, Maint taxable income?
26 November 2019 | 3 replies

Howdy Guys!
This is my first real post, and i'm completely new to all this. My apologies if this question reveals i'm a moron, I assure you I have no idea what i'm doing. This has probably been asked before but I cou...

Hyoung Choi ROBS - Cashed out my 401K plan with no penalties to start C-Corp
7 February 2020 | 3 replies

Officially completed the ROBS plan and waiting on transferring funds.  I was wondering has anyone else utilized this method and what was the best use of the ROBS funds?  Is real estate flipping, holding real estate or...