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11 December 2024 | 1 reply
We're all about building trust and good relations here.
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6 December 2024 | 8 replies
Investors made offers to other investors to be bought out at 75 cents on the dollar (pretty normal process in trust deed lending - either stay in the deal until the end - or get out now at a discount.)
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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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5 December 2024 | 11 replies
Showing a level of expertise to do something hard or exciting certainly piques the interest of a guy with money and no RE experience.We lived in Houston and self managed properties in Oregon and Maine that we snuck away to in the summer.
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14 December 2024 | 4 replies
I have a 3bd/3ba, 2451 sq ft condo with attached garage near downtown Richmond closer to Level 1 trauma center, great schools and universities.
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13 December 2024 | 22 replies
Given our experience level, we are not ready to make an investment in a place that far away from home.
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12 December 2024 | 10 replies
I honestly wouldn't even trust anything QB is telling you when it comes to taxes.You're in a partnership, which acts like a conduit to pass through the income/loss of the activity to the individual owners.
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13 December 2024 | 4 replies
Agree 100%, trust and transparency are what set professionals apart in this industry.
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16 December 2024 | 11 replies
I would recommend flying out there, getting to know the area on a detailed level and talking to local investors (someone not trying to sell you anything).
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11 December 2024 | 12 replies
Still a lot of work do underwrite a deal and vet the person to make sure you trust them to lend to.