Henry Clark
Clarkstoragellc- 2022 Year end Wrapup
You can look back at our 2021 Year-end Wrap-up Post for further perspective.Economy- my perspective right or wrong throughout 2022. This is the basis for some of our business decisions. Basically, put our money wher...
Alan Mills
video surveillance during rehab
After another break in, I’m looking for up-to-date info regarding video surveillance during rehabs. I’ve been looking into both WiFi and cellular options, but couldn’t find what it would cost for cellular. This is my ...
Rashmi Nigam
Question on refinancing
Bought a primary residence with 10% down. Property has appreciated in 6 months so I can refi myself out of PMI. However, interest rate is going up by .125% and i have to pay closing costs of 2500. Is that normal? Tot...
Mamadou Diallo
Pulling the trigger, Baltimore MD
Hello everyone,I've been studying real estate for all of 2019 pretty much, reading books, listening to podcasts, watching videos, etc. I recently had the opportunity to send my first contract but a part of me was stil...
Account Closed
Transferring a Property into the LLC
Hi Everyone,
This is my first post. I'm in the process of acquiring a property with my wife in Baltimore County, Maryland. The acquisition is on a personal basis with traditional 30 year financing. After close, I'm l...
Eric Bowlin
Sprinklers for small multi's
MA is becoming more and more strict on sprinklers. Now all townhouses, and new construction 4+ units require sprinklers. Any modifications or improvements costing over 50% of the building assessed value triggers sprin...
Michael Plante
You pay income tax on your profit when selling correct?
Ok I THOUGHT I knew about these things after buying and selling real estate for many years BUT am always eager to learn except when doing a 1031 exchange you need to pay income tax on profit when you sell a property c...
Michael Galace
My Automated Deals (MAD)
Does anyone here used MAD agency for their VAs? I need an answer from a legitimate user for their cold callers, acquisition and dispo. I saw someone posted a bad review about the agency, but it turned out that they're...
Joseph Skoler
Transfer real property from s-corp
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
Deborah Wodell
How Are You Covering Down Payments & Closing Costs for Your Fix & Flip Deals?
Hey everyone,
When it comes to fix-and-flip projects, the down payment and closing costs can add up quickly. I’m curious how you all manage these upfront expenses. Are you using hard money loans, tapping into savings...