Jeremy Rhodes
Underwhelmed with tax breaks of owning investment property
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Andrey Y.
Paying a syndication sponsor's (high) travel costs
This is something I frequently see when reviewing opportunities:Travel and inspection costs / Asset due diligence $200K $300K etc.Now, if the entity is purchasing 1 or 2 assets, how much does t...
Eric Bilderback
How are September rents coming in
I received an email from a local apartment broker saying in our State rent collection is down about 5%. For myself this has not been the case I am at 100% which I have been through out the COVID situation. I still h...
Matt Hunt
How to split profits and fees?
Hello all, I have started an investment company that specializes in flipping houses and I have a group of investors that are fronting the capital for the projects. I am doing a split with them based on the % they have...
Trevor Murphy
How do you guys go about Popcorn/Asbestos Ceilings?
Do you guys pay to get popcorn ceilings with asbestos removed? or do you guys do it yourself?Is there any advantage or benefit to having it done professionally and providing paperwork to an appraiser during a re-appra...
Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Mike Landry
Syndication without "a" syndicate?
I would like to deploy some money into Multi family 10 to 50 units in the next couple of years. From what I read it seems to fall into 2 categories. 1. Either you have a lot of money and buy one on your own. Or2. ...
Craig Oram
JWB experience - My thoughts, let me know yours
I wanted to get other people’s opinion of JWB as a PM company. I have been disappointed with the amount of fees and personal piggy bank attitude that the PM has regarding owner investments.
My experience with JWB ha...
Erin Dorsey Robinson
Fastest Way to Make $1 Million?
If you were advising a new investor starting out, what would you say would be the fastest way to make a million dollars investing in real estate? When I say fast, I don't mean get rich quick. I mean the most direct ro...
Account Closed
The mindset of the Cash Flow investor: LA vs Baltimore
So I have to put $1,500,000 in a rental somewhere. The option (for whatever reason) is either LA (appreciation) or Baltimore (cash flow).Sure, investors never can agree to disagree on which is best, but the numbers se...