David Smith
Simple fund for Cash-only Flips
Hi All,A few of my trusted friends and I are planning to create a fund to flip homes. All purchases and sales will be cash only. Would the best and simplest type of structure be a joint venture? Anyone here who has do...
Jonathan G.
K1 losses in year 1 as a percentage of capital invested
What are you seeing in regards to K 1 losses in year 1 based on forced depreciation from Cost Segregation studies?Since 2017 , we’ve seen the following ranges 14-30 % for storage 40s to high 50s% for multi family with...
Matthew Shay
What are your rules of thumb for expenses?
Interested to hear what rules of thumb do you use for multifamily. Right now trying to figure out payroll for a 47 unit. Also, do your rules of thumb change when you scale from 50-10-150-200 units?
Anthony DiRico
How do you calculate ARV with no comp data available?
I've checked the MLS, Zillow, Trulia, Redfin and I can't find any accurate comp data. Is this just an awful neighborhood? The house is a multi family so I'm not sure if I can use the average Price/Sqft method. Someone...
Arjun K.
Persistent Rental Property Losses
I am trying to understand the implications of the IRS not-for-profit rule.
Let us assume:
- I have a group of rentals
- Each of these rentals shows losses for Tax purposes (rental income less: pro...
Edward Schenkel
Investing in brick multifamilies
Is there any disadvantages / advantages to investing in brick multifamilies v. the more traditional types of multifamilies? I am wondering about maintenance, value over time, etc.
Taurice Cooper
probate
What are some of the main reasons a probate case can be open for many years and are these type of probate cases good prospects for direct mailing ?
Francisco Solano
Business Partnership Detailed Agreement
Hello BP! Looking to see if anyone has a basic template of an operating agreement for a business partnership of two parties involved in the fix and flipping business? We want to detail the responsibilities, capital co...
Justine Phillipson
Splitting Equity with a Business Partner
Hello, I am a Real Estate Agent planning on doing my first flip in 2024! I have a friend, who is a licensed GC who wants to go in on the deal with me. I will be finding the deal, fully financing the deal, handle the l...
Justin Bettano
Best financing products for short to mid term rental
Evening, I am in the process of acquiring a short to mid term rental in the somewhat local vacation/ tourist destinations in my region. I want to utilize either a 2nd home type product or investment property product. ...