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4 August 2024 | 1 reply
I am currently seeking funding and establishing partnerships with agents who are knowledgeable in alternative financing and real estate investment strategies.
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3 August 2024 | 3 replies
Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence.
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4 August 2024 | 5 replies
This can help prevent potential legal complications.Professional Advice: It's always wise to consult with a real estate lawyer, tax advisor, or accountant specializing in real estate.
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6 August 2024 | 32 replies
It is well established that states are allowed to regulate licensure etc.
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3 August 2024 | 3 replies
None of the names listed above appear to be pivoting into the homeowner association space, yet here in the northeast USA it's still quite a fragmented industry outside of the major urban centers with established and deep-pocketed PM firms.
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2 August 2024 | 10 replies
I sit on the Board of Advisors for FTF, and have invested in more than a half-dozen deals (average investment of $25K) in the past 18 months.
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1 August 2024 | 8 replies
Did you have to get a tax advisor involved?
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31 July 2024 | 7 replies
I use Anderson business advisors for my setup.Good Investing...
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31 July 2024 | 4 replies
Before you are allowed to see an offering structured as a 506(c), securities regulations require that an advisor determine your suitability for an investment, disclose investment risks and give you a chance to ask questions.
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2 August 2024 | 7 replies
If you want a lender for a property on the island, they must have an established bricks and motor bank on the island.