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7 October 2024 | 34 replies
I understand the cash situation, so maybe this becomes a stacking/1031 Exchange play.
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4 October 2024 | 22 replies
I have started to understand the business I'm playing in better.
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1 October 2024 | 12 replies
Not an attorney, nor a CPA, and I don't play one on the internet, BUT, things to consider if you would want to run revenue through your LLC...The LLC would need to be tied to the property in some way, either as the owner or manager.
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2 October 2024 | 5 replies
Profit-sharing in the 20-30% range is also common in situations where coaches play a key role in creating wealth through property investment.”
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1 October 2024 | 12 replies
Obviously the laws in different places may vary but I suspect that is how it would play out in most places.
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30 September 2024 | 10 replies
How are we seeing this rule change play out in practice?
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30 September 2024 | 8 replies
@Karl Kauper going to guess your current PMC:1) Is having too many tenant nonpayment issues for your likingAnd/or2) Refusing to share their background checks with you, so you can make your own approval decisions to address #1 above.Several factors may be at play here that you may want to consider before being trigger-happy:1) For several legal and contractual reasons, it's pretty much NOT possible for a PMC to share background checks with an owner. 2) What Class of property do you own?
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2 October 2024 | 25 replies
I would apply because FEMA disaster assistance can help with uncovered expenses, and we all know how insurance companies play games!
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30 September 2024 | 0 replies
Strategic marketing efforts also played a key role in presenting the property to potential buyers, leading to a same-day sale at $216,000.
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30 September 2024 | 3 replies
(Example: investing for long-term capital growth for your kids education in 15 years, you have $200K to play with, you want to be an active investor in a market within 3 hours of you).