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Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...
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I just purchased my 5th rental and I am in need of some advise on how to set up books and track the basis of this house. I past attempts have not been without problems. What categories do you use? Once the house is re...
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Hello BPEach year my wife and I come to san diego as we are comic con vendors. This year was no different even though the show was canceled as my company already paid for the beach house we normally stay in. The house...
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Hey all,I'm a 22 year recent USC graduate working for a major consulting firm doing real estate valuations. While having job security is great, my overall dream is move past analysis paralysis and get into real estate...
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We are about to buy or first investment property. I can get a mortgage rate of either 4.375% with 0 points, or 4.125% with 1 point. My calculations show me a break even time of about 5 years. We have plans to keep the...
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Hello all,
I’ve been playing in the real estate space since about 2018 and made the transition to notes in late 2019 with my first purchase being a partial on a 1st lien performing residential note. I’m currently re...
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Can anyone who has owned a property for a long period of time confirm that the money they spend over 27.5 years is approximately the original cost of the structure? Is this supposed to be maintenance, or are capital e...
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Hi all,Back in 2004, my brother and I acquired a rental property. We split it 50/50 and continue to this day. We aren’t structured as a partnership or LLC, just two bros who bought a house together.Fast forward to tod...
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10 years as a Realtor and there is still so much to learn! As a member of my local Economic Development Council, I recently started learning about Opportunity Zones. It was a little hard to grasp at first, but after a...
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I would be interested in hearing from others about changing your RE strategy.
I have two houses in Atlanta that I could not sell. Oh I could have taken a big loss but I switched to a lease option to liquidate.
I h...