Lorraine Hadden
Should The Seller Reimburse Buyer For The Inspection Costs - Fixer Not Move-in Ready!
11 December 2024 | 5 replies
The seller's refused to reimburse our LLC the home inspection costs.Under these conditions, since our purchase contract includes an "inspection contingency," CAN WE GET OUR MONEY BACK FOR THE HOME INSPECTION THAT REVEALED A PROPERTY IS A FIXER WHEN THE LISTING AND PHOTOS SHOWS THE PROPERTY IS IN MOVE-IN CONDITION?
Andres Felipe Alba Hernandez
Can convenants of the neigborhood restrict STR? on Single Family Home NO hoa
12 December 2024 | 6 replies
@Andres Felipe Alba Hernandez Yes, neighborhood covenants can sometimes restrict certain activities, including short-term rentals (STRs) or renting out parts of a home, even in areas without a Homeowners Association (HOA).
Saika Maeda
Buyer Agent's commission and tax write off
9 December 2024 | 8 replies
I am doing this now and included Seller's transfer tax.
Kyle Kline
How do you fund property repairs/expenses if you are “investing for equity”?
13 December 2024 | 35 replies
@Kyle Kline“Investing for equity and not cash flow” doesn’t mean “buy properties that don’t cash flow.”To me, invest for equity not cash flow means that the PRIMARY reason to invest is for equity growth and an increase in net worth and NOT cash flow.I’ve been investing for over 40 years and while cash flow is important, it’s not why invest.A property must be self supporting ie produce enough cash flow to cover debt service, operational expenses including repairs and replacements.
Bob Beach
Seller Financing. Good idea?
19 December 2024 | 13 replies
Make sure the agreement includes a significant down payment, an interest rate that compensates for the risk, and clear terms about late payments or default.
Michael Hayes
CPAs Memphis area
12 December 2024 | 7 replies
I would also recommend that you find a CPA that also invests in real estate.Check out the forums for CPAs including this thread.
Cindy Ng
Newbie in real estate
12 December 2024 | 3 replies
This type of partnership will likely include managing partners and acquisition managers tasked with finding and structuring the deal.
Monica Juarez-Gonzales
Cost Segregation Study and s401K
12 December 2024 | 6 replies
Always a good idea to include a tax accountant in your decision-making process.
Mike Miller
Any Cloud Brokerages that Do Not Require You to Join a MLS?
14 December 2024 | 36 replies
Including the cloud brokers like REAL and EXP Realty- all the brokerages I've researched so far require to join a local MLS & NAR.