Reeti Peshawaria
New member from the Bay area, CA
15 October 2024 | 12 replies
I would like to learn :- more about identifying a potential market to invest in- how to perform a Cash on cash analysis on those markets to assess a positive cash flow within the US/Hawaii- open to markets within the US/HawaiiThank you @Scott Trench Best, Reeti
Tyler Hahn
Property Management - Cleveland, OH
16 October 2024 | 9 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
Karen Smith
Key Qualities to Consider in a Borrower Before Offering Private Money Loans
11 October 2024 | 17 replies
Also, how much does the borrower’s track record or experience influence your final choice, especially if they've had success with similar projects?
Oli C.
MTR out of state as a first deal?
17 October 2024 | 20 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
Jonathan Feliciano
What's it like having a business partner?
16 October 2024 | 14 replies
They will charge extra for any extra work performed, but it could be much more beneficial than tying up that much equity in a partnership with someone you don't know.Also, if you ever do have a partnership, spend the money on the front-end with an attorney to get a sound operating agreement that makes the divorce less messy if it comes to that.
Account Closed
Buying a property in 2025 - Bonus Depreciation?
17 October 2024 | 15 replies
This way, you could perform a cost segregation study this year and benefit from a higher bonus depreciation rate of 60% for 2024.
Vinay Sanapala
Ready to Dive into Section 8
16 October 2024 | 13 replies
I talked to our client about evicting the non-performing tenant.
Karl Szymanski
Just getting started with BP but open to any opportunities at this time
15 October 2024 | 9 replies
The average annual appreciation rate is projected to be closer to 1.5% over the next 10 years, considering its recent performance and overall market outlook.
Caleb L.
Is it legal to bird dog in Texas without a license?
16 October 2024 | 17 replies
(vii) would seem to indicate that you'd be acting as an unlicensed broker.(1) "Broker":(A) means a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts:(i) sells, exchanges, purchases, or leases real estate;(ii) offers to sell, exchange, purchase, or lease real estate;(iii) negotiates or attempts to negotiate the listing, sale, exchange, purchase, or lease of real estate;(iv) lists or offers, attempts, or agrees to list real estate for sale, lease, or exchange;(v) auctions or offers, attempts, or agrees to auction real estate;(vi) deals in options on real estate, including a lease to purchase or buying, selling, or offering to buy or sell options on real estate;(vii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(viii) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate;(ix) procures or assists in procuring property to effect the sale, exchange, or lease of real estate;(x) controls the acceptance or deposit of rent from a resident of a single-family residential real property unit;(xi) provides a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:(a) is not referred to as an appraisal;(b) is provided in the ordinary course of the person's business; and(c) is related to the actual or potential management, acquisition, disposition, or encumbrance of an interest in real property; or(xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale; and
Kristi K.
Paying points for a Loan
15 October 2024 | 21 replies
Look at the lenders ability to perform and act honestly.