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13 August 2024 | 97 replies
This is a case study in the importance of due diligence and how experience with construction can help save you from making a bad deal.
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12 August 2024 | 4 replies
For the most part you'll get everything as long as you can prove it.
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15 August 2024 | 23 replies
HI Dara,If you own more than 50% of the LLC and can prove that you own it via operating agreement IE you’re the manager or member for 51%+ you can use conventional financing to close on this refinance out of your LLC (you will need to quit claim deed it back to your personal name and update the preliminary title report prior to closing conventional).Fannie doesn’t care about seasoning and timing however if you opt to use Freddie Mac there is a 51%+ ownership of the LLC required and or 12 months payments or occupancy required so freddie is way tougher for their continuity of obligation (COO) requirements.
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16 August 2024 | 17 replies
Agents should be studying their market daily and will give you great feedback on properties and areas.3.
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12 August 2024 | 5 replies
a) Plum Creek, Kyle - 1900 SF, 4 bed 2 bath, corner lot, large backyard, great school district ratingb) Whisper, San Marcos - 2300 SF, 4 bed 3 bath + study room, moderate backyard, OK school district ratingThe Whisper property is about $20K higher priced.
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12 August 2024 | 0 replies
Ensuring clear communication with contractors and keeping a flexible approach proved crucial.
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12 August 2024 | 9 replies
I went the same route as you, studying for my real estate salesperson exam over the course of the previous summer and fall, eventually obtaining my license over winter break.
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13 August 2024 | 55 replies
I’ll be moving to Madrid in September to study my Masters in Real Estate.
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13 August 2024 | 21 replies
This is the ONLY place where the terms PORTION and SPACE are not used in reference to the business or rental usage, but I'm thinking this ultimately has to do with depreciation recapture only and not overall capital gains.Worksheet 3 shows that "Business or Rental Use of Home" is splitting up "Business" and "Home" versions of your gain/loss worksheet, further proving the point.
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11 August 2024 | 0 replies
I work with CSSI who are the nation's premier engineer-based cost segregation firm with over 45k is completed studies.