
19 November 2024 | 5 replies
You will need a RE attorney to transact this sale.

18 November 2024 | 11 replies
I'll be flying out later this week to see some properties and to network at a local RE event.

20 November 2024 | 12 replies
In Florida, I believe the Homestead cap resets after a re-fi as well.
19 November 2024 | 15 replies
But hold on to all communications with them regarding this beause if this goes ballistic, THEY have a great deal of liability in this.2) As @Nathan Gesner said, get a new Mold Remediation Company and have them go over the entire house 100% and re-treat it, then give you a written certification that it is safe and clean.3) Get rid of your brother too.

19 November 2024 | 11 replies
@Brad Herb Investing in a syndication via a Self-Directed IRA (SDIRA) offers tax advantages but comes with fees and limitations:Advantages:Tax Benefits: Gains grow tax-deferred (Traditional SDIRA) or tax-free (Roth SDIRA).Avoid Penalties: Keeps funds in the IRA, avoiding early withdrawal penalties.Diversification: Adds real estate syndications to your retirement portfolio.Disadvantages:Fees: Setup, custodian, and administrative fees can reduce returns.UBIT: If the syndication uses debt, income may be subject to Unrelated Business Income Tax (UBIT).Complexity: Strict rules; all income/expenses must flow through the SDIRA.Illiquidity: Syndications are long-term, locking up funds.Use an SDIRA if the investment is significant and the UBIT impact is minimal, especially with a Roth SDIRA for tax-free growth.Remember that RE, outside of retirement accounts, provides the biggest tax benefits.This post does not create a CPA-Client relationship.

20 November 2024 | 19 replies
Building a solid network by going to meetups, conferences, building connections with like minded investors, lenders, property managers, investor-friendly RE agents, is a great place to start.

25 November 2024 | 32 replies
I mean Joe Montana is a very successful Developer same with Steve Young.. and Ronnie Lott has done well in RE also.but I bought a big mansion that was 3/4 done from an NBA star and he was not business savvy at all.. and on top of that had about 7 or 8 baby moma's all with child support judgements against him ..

19 November 2024 | 28 replies
The house is re built (low cap ex) and it seems like you have a great tenant.

12 November 2024 | 4 replies
Feeling the Itch Again: Advice for Getting Back into Real Estate?

16 November 2024 | 9 replies
James, from a contractor's perspective I don't typically recommend re-facing cabinets.