26 November 2024 | 3 replies
Short sales by design are listed on MLS (always and always are arms length) and not below value, or the lender would more than likely decline any short sale offer.
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21 November 2024 | 39 replies
Some of the simpler asset protection solutions would include the following: having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.
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20 November 2024 | 0 replies
Located in Crowley, LA, it fit Partner Driven’s strategy of finding homes in need of renovations that could appeal to buyers with modernized features and design.
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26 November 2024 | 44 replies
It can be a conversation in search of a win-win, a mutual effort vs adversarial negotiation as on-market is designed to be.
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25 November 2024 | 18 replies
An ounce of prevention is worth a pound of cure. ...I've bought properties with bad sewer lines, but I KNEW what I was buying because of the scope, and I factored that in to my numbers and offer...without the scope, I would have no idea what I was buying, and I would've wound up with a significant unanticipated capex.We inspect every other part of a property before buying.
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20 November 2024 | 5 replies
I have a background in design and hospitality so I pair that with my knowledge on the real estate side of things.
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20 November 2024 | 2 replies
Then, the program is designed to help people get back on their feet not subsides their rent forever like other programs.
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22 November 2024 | 28 replies
Rather than comparing Lenders/DSCR loans solely based on these factors, I would advise you to focus on below questions and prioritize what you really need in the DSCR loan/Lender?
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28 November 2024 | 23 replies
There are several factors that could be affecting that, but definitely not an increase.
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22 November 2024 | 12 replies
LLC Fees, Travel, marketing, etc)You can deduct overhead costs in the year incurred.Costs related to the property are accumulated and factored in until the sale of the property.