I met a local Hard Money lender that syndicates 6-12 month Hard Money loans recently. The interest earned, typically 9% to 12%, is paid out to the members and the syndicator keeps the up front points and handles all t...
I terminated my Agreement with my former PM on February 27th, asking to cancel immediately or consider this message my 30-day notice. They acknowledged to my new PM that they received my notice and wanted their 30 da...
At closing I got my check which is my profit and remodeling costs.My accountant refused to deduct these expenses on my Capital Gains form.He included the total cash received at closing.What can I do? So basically he’s...
Just wanted to let everyone know I closed on a deal and will be moving in on October 1st. I have a few weeks to get the unit I want to rehab up to speed for a renter to move in on Nov 1st. I am not much of an administ...
I presently own a rental property in my Roth Self Directed IRA. Can I move it to my Traditional Self Directed IRA and hold the property there?
Ok, so I'm really liking the BRRRR strategy. I've been listening to podcasts and reading daily on the subject. However, as a wanna be investor, who was little money to invest, I'm struggling with the refi concept. Her...
Hey everyone! First time posting... I'm looking to buy a duplex as my first deal. I'm lucky to have my dad as a partner but he does not live in America. The deal is a seller finance duplex, already has tenants and cas...
How do you structure your Quickbooks for real estate investing? More specifically, how do you track profit and expenses for each property (by classes? customers? rentals?) What is a good resource for Quickbooks that i...
Just curious because we have used 3 different software platforms within the course of 6-7 years to stay current with technology. Appfolio seems to be great and we love it. Are there any others that use something diffe...
I am currently seeking opportunities to flip properties, but my credit is blasphemous and I sort of feel that no sane persons would partner with me in my ventures. My current marketing plan consists of driving-for-dol...