Erin N.
De Minimis Safe Harbor
I paid $30k for windows this year. 60 windows @ $250 each. My invoice is itemized. Can I claim de minimis safe harbor since each window is less than $2500 and my invoice is itemized? I didn't have to replace them a...
Daniel Tanasa
Getting paid to buy a rental property
Investment Info:
Single-family residence private money loan investment.
Purchase price: $164,000
I bought this house with Private Money from a Wholesaler sight unseen. Was a complete mess inside, very ba...
Daniel Tanasa
Getting paid to buy a rental property
Investment Info:
Single-family residence private money loan investment.
Purchase price: $164,000
I bought this house with Private Money from a Wholesaler sight unseen.
The rehabbing of the property was ...
Brandon Heimsoth
Quicken / Accounting Questions
I purchased a 4-plex last December. I'm finally to the point of organizing my business finances. I've purchased Quicken Home Business and Rental Property to do this. My two goals are to 1) make it easier on my CPA ...
Shane Humes
Strategy for transferring personal money to LLC
To get started in real estate investing, I am creating an LLC. In order to start, I will need to give my "LLC" self some money from my "personal" self for down payments, rehab costs, etc. I would like to eventually ...
Jay Anthony Tatum
To View or Not to View
Hello!I set up PatLive to take my incoming calls because I work 9 to 5pm. I provided them a seller call script if you will with specific questions to ask. Anyway, Do you call the seller back to view the property even ...
Jesse Smith
Tricky "Tri-plex" Questions
I'm considering purchasing a large home that was converted into three living spaces, with the potential for a fourth. Being a home conversion, it has a few oddities. I'll list them from most concerning to least. Pl...
James Kerson
Would You Use A Discount Broker? Calling All Flippers/Investors
I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...
Barry Cohen
Making sense of Brrrr in this market
I just completed a new build 3/2, manufactured home for rent. Cost basis is 225K and comps place it at 325 to 350k. So at an LTV of 75% that is a cash out of 240K. Rents are anticipated to be 2250/mo so it fits nic...
Frank Patalano
So what's holding you back?
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?