1 April 2021 | 7 replies
Depending on the account size and your tax situation, it may be beneficial to spread the distribution over a few years in order to avoid being taxed at a higher rate.The RMDs for your situation are based on the IRS's Single Life Expectancy Table, not growth.
31 March 2021 | 2 replies
Offered accepted on what will be a BRRRR deal for me, just had home inspection done today and it’s a little worse than I expected.Any tips on going back to the negotiating table?
12 July 2021 | 4 replies
Partnerships with one partner bringing capital to the table and the other managing the property and providing income stability/credit are possible.
2 April 2021 | 8 replies
If you try to maintain a cash approach, every six years (technically longer if you figure the amortization table) you will buy a property and have it paid off.
4 April 2021 | 3 replies
I think it would be worthwhile so you have at least foundational understanding of the alternative decision people are making by leaving massive amounts of equity on the table in exchange for the convenience, control and speed of an off market transaction.
3 April 2021 | 5 replies
I think if you can get financing to buy while holding the property you want to sell, a seller may actually view that as less risky on their side of the table.
2 April 2021 | 2 replies
Getting licensed is absolutely on the table.
13 April 2021 | 9 replies
While real estate can sometimes escape that reality (for example, some rental properties can be sold to owner occupants - who don't care about costs in the same way investors do - instead of other business people - and in 2021 that is far more true than in any time that I can recall), if you pay full retail, you're in bad shape facing an uphill battle before you even get up from the closing table.
4 April 2021 | 2 replies
In a nutshell, I’m able to structure the asset so the deal pays for itself.I’m seeking a partner to purchase 186 units (85 buildings) all within 2 miles in PA from a retired landlord for $9.3M The partner will not be required to bring any money to the closing table.
8 April 2021 | 9 replies
Multi-family is also not off the table.