Michael Puwal
Can someone explain the Buy, borrow die concept.
30 December 2024 | 7 replies
But, I am not willing to commit to 50 years (if I am lucky) of never harvesting material equity from my rental properties at this time so that she can inherit potentially millions or tens of millions of 2074 dollars at stepped up basis.I plan to pay the tax man and spend some of my money at some point.
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
As brokers, we all have a duty to "discover and disclose" material facts.
Justin Treaster
Dallas Fort Worth wholesalers
15 January 2025 | 27 replies
I would assume a greater emphasis on quality of materials and workmanship (and consequently higher rehab cost) for a rental where the investor will have to deal with the longer term implications of any corners that were cut.
Cody Maxwell
Seller financing on large SFR property
25 December 2024 | 1 reply
Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.
John Burtle
Building my first spec home!
22 January 2025 | 28 replies
I came up with $385,000 to build for material/labor.
Jon D.
Relocation / selling vs investment?
22 January 2025 | 12 replies
The sale and acquisition closing benefits are real and material.
Corey Davis
Operationalizing & Scaling
31 December 2024 | 5 replies
Keep in mind local zoning laws and market conditions in Portland versus Salem—Portland might offer higher rents but stricter regulations, while Salem could provide better cash flow opportunities.Your design approach has proven successful, so continue focusing on appealing upgrades like kitchens and bathrooms, but prioritize cost-effective and durable materials for rentals.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
In an industry where trust and reputation are paramount, RAD’s predatory and misleading policies are shocking.Additionally, I will be explaining to the FTC that RAD’s practices meet the definition of “Deceptive Practices” as per the Commission’s Policy Statement on Deception, which prohibits material representations or omissions likely to mislead consumers.On multiple occasions, I was told there would be no issues in accessing my funds.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
To remedy that, the carpets should be ripped up and sealant applied to the subfloor, at minimum.There are also tiles in the smaller upstairs bathroom that are lifting up and creating a safety hazard; putting a rug on top is not a sufficient solution.The house is in a condition that materially interferes with the health of household members.
Jacob Hrip
Book on estimating rehab costs
30 December 2024 | 4 replies
Some of the costs quoted shock even seasoned flippers as they are lower than even material are in many markets.