Account Closed
How to structure a deal that allows the seller to pay less taxes
I have a lead that is considering selling. It is an SFH that he has not lived in for over 5 years. The seller wants to avoid capital gains taxes. I will give him a 1031 Exchange as an option. Anything else?
Mike Strodtman
What is the best online or cloud way to share files
We have a part-time bookkeeper who takes care of all the bills, collects rents etc. We presently use Q Box which has been working well, although wondering if others have used something else and what their experience ...
Ben Cogdell
Snow bird booking from previous owner
We are closing on a beach condo in Orange Beach AL on 11/15. The previous owners have a snow bird booked from 12/20-3/10 which I understand we don’t have to honor. The rate is pretty good for a snow bird and consider...
Franklin P.
To IRA or not to IRA…
My employer gives me the option of setting up an IRA or Roth IRA and they will match up to 3%. My goal is to continue to buy real estate and be able to spend some of those profits as I go and reinvesr the rest of the ...
Tim Bee
How much rental income do you need to net per month to quit your job?
How much monthly rental income do you need to NET (what goes in your pocket after loans, repairs, taxes, etc.) to quit your job?
Walt Payne
Little known 401K fact that could save you big tax $$
I read an article on a financial website a few months ago about this, and filed it away as something that I might be able to use in the future. Yesterday I was talking on the phone with someone from this site who know...
Mike Wilson
Series LLC for management of single family rental properties
I am looking for input from folks that use Series LLC's for their rental properties or attorneys that have legal experience with the concept. I attended a local REA meeting where an attorney discussed asset protection...
Bob Foglia
Portfolio Lender that lends in both Colorado & Oklahoma?
I've seen a number of discussions about portfolio lenders, but wasn't sure if they tended to be national, regional, state, local, etc???? Are any of these companies national? Or at least regional? Or do they tend to ...
Caroline Gerardo
$63 Million Dollars Magically Stolen at CrowdStreet
CEO steals the money? Your investment in a syndication 100% at risk?CrowdStreet, a real estate investment platform, was hit with a SEC news report claiming that $63 million in customer cash went missing. The funds wer...
Anthony Simmons
House Flipping Business Models
Hi All,
I am curious as to what type of business models experienced house flipping teams have used to set the foundation for their house flipping business with other co-owners.
Myself and two of my friends are inter...