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26 July 2024 | 12 replies
Hey Jacob,Hiring a real estate attorney can be a smart move, especially for navigating the legal complexities involved in purchasing foreclosed properties.
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27 July 2024 | 108 replies
I'd slowly sell them if they are all in one complex.
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26 July 2024 | 2 replies
This could be state dependent, but just illustrates some of the unnecessary complexity in a deal like this.
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22 July 2024 | 3 replies
I just got the notification from the city that there is a new apartment complex that will come up right in front of my house.
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24 July 2024 | 6 replies
Set up the LLC business bank accounts.Moving to an LLC increases costs, work, and complexity.
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25 July 2024 | 10 replies
While it may only cash flow a set amount each month, don't forget that the principal on your mortgage is also being paid down and (in the long term) the value of the complex is going up.Are you able to invest that money elsewhere (factoring in cap gains or 1031) and do better?
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24 July 2024 | 2 replies
By staying committed to your goals and continually expanding your knowledge, you can navigate the complexities of the industry and achieve lasting success.
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24 July 2024 | 7 replies
There is a lot of commercial development happening all around there - Indy 11 complex, 16 Tech, Hospitals (Community is adding 900 beds), Elanco headquarters.
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24 July 2024 | 4 replies
Since then I've begun to use the rent collection portion as well, which removes yet another layer of complexity!
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24 July 2024 | 4 replies
The issue you may also run into is from a tax perspective, but I am not the expert on that.This seems too complex honestly and one of those, you cannot figure out what could go wrong until its too late scenarios.