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17 December 2024 | 8 replies
While many of these issues are important considerations and should not be ignored or overlooked, there are other more crucial criteria that you must question and evaluate first.The critical risk criteria that you must review and evaluate prior to making your final decision on which 1031 Exchange Qualified Intermediary to retain includes, but is not limited to, the following areas:Technical capability of the 1031 Exchange Qualified IntermediaryInternal processes and audit controls to safeguard your 1031 Exchange funds and assetsUse of Qualified Trust Accounts or Qualified Escrow AccountsDecision criteria and guidelines for investment of your 1031 Exchange fundsProtection from potential errors or omissions by the Qualified Intermediary (E&O Insurance) Protection from potential theft or embezzlement of 1031 Exchange funds (Fidelity Bond) An experienced and professional 1031 Exchange Qualified Intermediary will understand these concerns and should be happy to discuss these crucial issues with you.
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16 December 2024 | 12 replies
They do all the work and then they take a cut.
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12 December 2024 | 7 replies
We found out the potentially the whole block has led pipes so we are needing a contractor to cut a hole in the floor.
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13 December 2024 | 7 replies
Lawn cutting/snow removal you can get quotes for, plan for some vacancy, property management software if you will use any.Hope this helps.
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16 December 2024 | 11 replies
I understand your concerns about investing in a distant marker, and will certainly have another look at areas that are within driving distance.
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12 December 2024 | 0 replies
Prior to losing the home in foreclosure the previous owner had retaliated against the lender by cutting out most of the exposed electrical wiring and removing the heat and air units from the property.
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13 December 2024 | 5 replies
What I'm most concerned about is the Project 2025 plan to gut HUD and most social services.
12 December 2024 | 2 replies
Document all of what you do if you are going to get it done for them, and/or if you cut them a check then make sure it is in writing that it was all done and they cannot come back to you at a later date asking for more money/mitigation.
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16 December 2024 | 2 replies
If you’re curious about how it might play out for you, just imagine chatting this through over a cup of coffee.. maybe not a perfect latte art scenario, but real talk about your goals, concerns, and the markets that might fit your style.Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC
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10 December 2024 | 16 replies
My main concern is not being able to cashflow the property using the LTR route.