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8 October 2024 | 4 replies
And you can't buy it with your LLC to increase the value because it could be argued that it is not an arm's length transaction.
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11 October 2024 | 30 replies
Any input you have on transferring an existing AirBNB or rental to keep within the algorithm... similarly, I would like to cross market where the existing or the property mgmt company lists to get more interest.
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9 October 2024 | 39 replies
We are hopefully (fingers crossed) going to have an accepted offer on an off-market deal in Franklin, NC.
6 October 2024 | 7 replies
I would use transnational financing to fund the first part of the transaction.
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6 October 2024 | 8 replies
In your second example where your company enters into a purchase contract with your father for $135k and then he assigns the contract to you for $150k, I'm guessing (since you mention getting a mortgage for this transaction) that what you're hoping it will do is create an artificially high sales price so you can get a mortgage on the higher amount (i.e. $150k vs $135k).
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7 October 2024 | 190 replies
Are bitcoin transactions even real anymore?
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10 October 2024 | 19 replies
ATTORNEY, with experience in real estate transactions.
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9 October 2024 | 15 replies
@Michael PetersRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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8 October 2024 | 13 replies
They are seeing the potential Detroit has for outsized appreciation as that story continues to unfold and take root as the new narrative.And they love the fact that they can still get cash flow.For a benchmark, we did 200 transactions in Detroit in 2023.
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5 October 2024 | 19 replies
There is a company called 24hourclose.com and apparently they are closing these transactions in South Carolina.