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Results (1665)
Darrcelle McGinnis Sell it or rent it?
9 April 2024 | 5 replies

We are new to the community and need some feedback. On the skinny, we brought a cash home in Prentiss, MS 39474 for $20k in July 2023 (3 bd, 1.5 ba, 1 acre). We used the “homeboy remodeling company” and the house stil...

Zachary McDonough Why having a W2 is your superpower
10 August 2023 | 2 replies

Hey, you! Yes, you with the W2 job feeling bad about how you are “just over broke (J.O.B)”! Take a second, turn off the Andrew Tate video, Hormozi, or whatever entrepreneurship video and listen to this. Your W2 is you...

Joseph R. Did I miss my chance?
7 June 2018 | 14 replies

Hello,I am preparing to purchase my first home, here in South Florida (Boca Raton) and I would like to live in this house for a year or so and then rent it out.  However, I am concerned how the home values have increa...

Michael Plaks EXPLAINED: IRS audits - debunking common myths
5 November 2023 | 3 replies

Myth 1. IRS audits are very common / IRA audits are so rare that you can forget about them
The latter was true during the recent Covid years. We recently had an under 1% audit rate. However, two things are good to re...

Mason V. How are real estate agents paid with creative financing?
19 February 2015 | 11 replies

ive got 2 properties I am looking at both with very motivated sellers, divorce and over worked land lord. I should know soon if I get my FHA loan, but if I don't I will be trying creative financing. Question is though...

Adam Harrison Some Truths About Land Flipping and Land Flipping Programs
11 February 2024 | 4 replies

In 2013, I started my land flipping journey with the Land Profit Generator program. Even though I took a few years off for my education and had MANY disappointments and failures along the way, including being wiped ou...

Matthew Paul What to do with land prior to sub dividing
2 October 2013 | 8 replies

I just bought 4 acres adjacent to 3 acres i currently own ( waiting to buy this property for 10 years) There is a crappy house , livable but not by much . Now the old guy that died use to farm 3 acres of it , Its ...

Andrew DeWeerd Can a multi-member LLC collect rent and claim taxes on...
18 December 2017 | 12 replies

Can a multi-member LLC (filing taxes as a S-corp), collect rent and claim taxes on a property (as if the property WERE in it's name) when the deed is under one of the LLC co-owning members personal names?  This questi...

Will Bert Need some advice/guidance
31 July 2015 | 14 replies

My younger brother lives in Virgina and rents a home. His credit is not good. So I was going to take money from my savings and home to purchase a home for $150k with 20% down. My plan is for him to pay me rent of $100...

Jared Foster Proforma Future Property Value, Cap Rate or Appreciation
29 September 2013 | 7 replies

Curious how people model future property values for multi-family investments. Seems that there are two approaches.
1. Based on Appreciation
2. Based on Rental Income

I generally struggle with Cap Rates and w...