
22 July 2024 | 6 replies
If the tenant does not pay and doesn't make a payment arrangement with you, then you proceed to evict like any other nonpaying tenant.

21 July 2024 | 10 replies
Similar green energy investments could be considered if you can make the numbers work (credits on some types of low income housing can be north of 50%).Depending on how long these properties have been held, they could consider implementing cost segregation studies via a change in accounting method to accelerate some depreciation.The operating proceeds could be re-deployed into new properties where cost segregation is an option to accelerate depreciation to offset proceeds.If the properties are low basis and we are not maximizing the 199A deduction, maybe considering an S-Corp structure for management to be able to participate in retirement plans and also generate wages to use as a 199A base.
22 July 2024 | 13 replies
Completely unrelated to sales commissions.The conmsion to the agent would be 3% that comes out of the proceeds of the sale.You can have them gross up the price to also include the commission so you net what you need to net, but the property will still have to appraise at the higher amount.

22 July 2024 | 9 replies
There are multiple ways to get funding to proceed with your rehab.

20 July 2024 | 7 replies
You might talk with a real estate/estate attorney and see if it's possible to open a probate, have a Personal Representative appointed and obtain an order from the court authorizing the sale of the property by the PR with the proceeds being deposited into the registry of the court for later distribution when all the heirs are identified.

22 July 2024 | 34 replies
I still have a little bit left from the proceeds from the sale of 2 out of 4 homes.

20 July 2024 | 10 replies
My other options appear to be limited and would most likely renovate, sell at ARV , pay cap gains and then reinvest the proceeds into hard money deals or commercial RE… Thanks again guys ….

19 July 2024 | 7 replies
Is it that I'll purchase a new $1M property with all sales proceed, any then cash out refinance $450k afterwards to repay back the investor?

20 July 2024 | 6 replies
With that said, the buyer can still proceed with the sale if they are comfortable & able to overcome the appraisal gap and/or a solution is worked out financially between buyer and seller to make it feasible.So if appraisal gap is a concernBefore accepting:- Ensure the sales price on the contract is inline with market expectations.

17 July 2024 | 4 replies
My husband and I sold our investment property and are about to close on selling our primary residence. We have not identified a new primary or investment property to purchase yet. We will have about $1.3M we want to k...