
13 July 2019 | 5 replies
Further, if you speak with your CPA or real estate attorney, they can direct you on how to establish the proper type of LLC which would not adversely affect you re: due on sale/transfer clause.For the 1st property, I'd go with a Land Trust (not with your own name attached) and add a good umbrella insurance policy.

21 July 2019 | 4 replies
They make bank and most people will be adverse to renting to them due to the stigma still attached to marijuana - this was discussed at a few expos I attended.

6 August 2019 | 20 replies
If you are risk adverse real estate, (especially out of state) is not for you.

2 August 2019 | 8 replies
Independent advisors are generally thought to have an advantage because they can recommend anything, they are not locked into "the family"... also if they are CFP will/should be able to give a more holistic template of advice beyond specifically what's in your account with them, so gold, insurance needs, retirement/estate planning, business continuity and/or real estate for example.They tend to be very risk adverse even if you want the riskiest investments most will still be putting you in funds/etfs.

12 July 2020 | 8 replies
As a multifamily syndicator, here is some of the data points that we look for in the deal, and in the market, in order to be sure that the deal is a good one:- Market Performance: Rent Growth, Market Vacancy, Long-Term Vacancy Average, Adverse Cycle Occupancy Bottom, Median Income, Employment Pool, Rent to Cost of Ownership, Income to Housing Cost Ratio, Market Rankings, Construction/Absorption Ratio, Pricing, Cap Rates, Trends in Capital Market, Etc. - Forecasted Market Performance of the Same- Property Specific Performance: Asking Rents, Actual Rents, Vacancy, New Lease Trade-Outs, Average Vacant Days, Lease Terms, Retention Rates, Renewal Trade-Outs, Sales Record, Renovations Completed, Market Comparable Amenities based on Class of Asset, Revenue, Rent Roll, Trailing 12 Months of Operating Expenses, Property Taxes, Property Insurance, Market Trends of Specific Floor Plans, Etc.
10 July 2020 | 9 replies
What's really wild is their acquisition philosophy overall, as described on page 8: "We intend to continue to expand our scale of operations and develop properties and make acquisitions even if the rental and housing markets are not as favorable as they were when we commenced operations, which could adversely impact anticipated yields."

2 September 2020 | 7 replies
Law, Finance, etc.) that were adversed to the idea of working remotely have been forced to see the benefits of such a work environment.

9 July 2020 | 4 replies
Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

20 July 2020 | 7 replies
Additionally, you and the other properties probably have grounds for adverse possession of that small triangle as you’ve been using it for however many years.

22 July 2020 | 2 replies
Even then, you will likely need to bring a quiet title action and may have to deal with issues like adverse possession.