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All Forum Posts by: Jeff He

Jeff He has started 13 posts and replied 135 times.

Post: Memphis for investment

Jeff HePosted
  • Investor
  • Posts 143
  • Votes 130

@Dimple Gajra

Are you looking to invest for appreciation or cash flow? I would also look at rent prices in the region

Post: Can I even get into REI?

Jeff HePosted
  • Investor
  • Posts 143
  • Votes 130

@Elijah Brzezinski

If time isn't an issue, you could look at seller financing. These deals can be harder to find. There's also hard money lenders that loan based on the property value and not your income

@Stephen Dallas

A key benefit of a PM over PM software is the network they bring. A good PM will introduce you to contractors and in some cases, even deals.

Post: Introduction- let's network!

Jeff HePosted
  • Investor
  • Posts 143
  • Votes 130

@Ke'Ona Myers

Welcome!

Post: Building Weath for Down Payments

Jeff HePosted
  • Investor
  • Posts 143
  • Votes 130

@Corbin Dallas

How big of a down payment are you trying to save for? I've seen some folks start as wholesalers because they have the experience but not the cash.

Post: New investor from Carolina Beach, NC

Jeff HePosted
  • Investor
  • Posts 143
  • Votes 130

@Richard White

Welcome!

Post: Going from stocks to real estate

Jeff HePosted
  • Investor
  • Posts 143
  • Votes 130

@Paul Schmidt III

How big are the deals you're looking at? It doesn't take too much to get started. Are the stocks in a tax advantaged account like a Roth IRA?

Opportunity zones is another way to offset capital gains tax.

Post: Any other benefits of llc besides the asset protection??

Jeff HePosted
  • Investor
  • Posts 143
  • Votes 130

@Nick Gee

If you're investing with multiple people, a LLC makes it easier to do.

Post: New Member - DMV Area

Jeff HePosted
  • Investor
  • Posts 143
  • Votes 130

@Ati Ok

Welcome! Congrats on the house hack. Are you buying for cash flow or appreciation?

Post: Determining Fair Market Value of an LLC

Jeff HePosted
  • Investor
  • Posts 143
  • Votes 130

@Scott MacIntyre

If the LLC just holds assets and doesn't conduct any other sort of business (consulting, selling a newsletter, etc) then I would simply peg the value at the sum of its assets minus the sum of its debt.