Sri S.
Are Home Equity loans tax deductible if used to buy another investment property
Hi, I have an investment property A where I built a good amount of equity. I want to buy an investment property B using the equity built in property A. Is that legal to use for another property? How does the tax-ded...
Ethan Bowen
It's Friday, what did you learn this week?
Greetings!Last night at our REIA meeting a CPA that provided book keeping services said that the most common trait among her most successful clients was that they where all actively educating themselves.For the benefi...
Mike Dymski
financial advisers poo pooing on real estate
I listen and occasionally call in to a satellite radio show that helps listeners with personal financial matters (paying down debt, saving for college, retirement planning, asset allocation, etc.). The show is great ...
Mark Edmunds
Home Equity Loan or 'sell' my Condo to a self-owned LLC.
Hi All - I would be thankful and Interested to hear your informed opinions.I am looking to release $100K on my condo (to use for a new purchase) and am interested in the most cost efficient way to do this. I currently...
Jason Clark
Ok, have a private investor, how do I structure deal?
I was recently approached by an acquaintance that is selling his out of state commercial property (in escrow now) and looking to lend some proceeds at 10-12% to someone like me looking to reposition either SFR or rede...
Ashley Abramson
If you get RE License, is it legally req'd to "hang your license"
Hi all,I was thinking about getting my real estate license in order to have access to the MLS and my own comps for my flipping business. I have heard that you have to "hang your license" with a broker once you get you...
Layton Gilbraith
How to keep growing buy and hold?
So I'm pretty clear on my general buy and hold portfolio strategy in single and small multi family (at least for now). What is not yet clear to me is how I continue to grow after the first few deals.
The main obstacl...
Joe Morello
"Price Improvement!" - Is it really?
As a real estate broker here in South Florida, I have recently observed a noticeable trend in the real estate market: an uptick in what many are referring to as "Price Improvements" on property listings. While this te...
Darish D.
Marketing Sellers using more classy material
I have been looking for a company that makes postcards/letters for direct marketing to sellers for my flip acquisitions in better neighborhoods. I keep going to sites that seems popular but a little distasteful. Some ...
Ryan Lamanna
Buys hosue to get depreciation and remodel in following year
We found a house we’d like to purchase to rent but we’re not confident that we could get top rent in its current condition. Regardless it could be ready and available to rent by year end. Can we cost seg and take bonu...