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25 April 2024 | 25 replies
@Dustin Owens That's great man.
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24 April 2024 | 19 replies
They incorporate ADUs into all of their BRRRR projects.
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24 April 2024 | 2 replies
I persisted and much to my surprise one day the door opened a crack and thus began a multi month journey through this man’s personal hell that eventually led to a $30,000 profit.He owned a local Jamaican bakery that was failing; his marriage was ending and his soon-to-be-ex moved out with their 5 year old daughter; and now he had lost his house.
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26 April 2024 | 40 replies
To preface, I had a strong interest in REI for years, man many years, and like all too many that's where it stayed, a interest, research, left wanting but never acting upon it because I was doing so darn good and so busy in my field of construction, and I had risen the rungs of the ladder to a rather nice altitude in the industry.
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24 April 2024 | 7 replies
Let's assume the property has $313,000 in NOIValued at 6.26 M 5% cap loan $4,695,000P+I annual= $413,400> NOI5.216M 6% cap loan $3,912,000P+I annual= 344,460 > NOI4.47M 7% cap loan $3,352,500P+I annual= $294,708 <NOI cash flow + Are you a gambling man?
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22 April 2024 | 5 replies
The plan would be to partner with local hospitals, insurance agencies, businesses, etc. and incorporate great amenities, where I would imagine I could make a better return, but that's where I'm struggling to determine how much better than listings in Furnished Finder.
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23 April 2024 | 6 replies
Accounting firms typically have nothing to do with this process unless somehow the title company subcontracted the preparation of the 8288 to them (which really isn’t necessary as it doesn’t require tax expertise, only familiarity with the FIRPTA procedures in general, which any title co who’s worked with a sale by a foreign person would likely know).This is indeed a weird situation and it definitely is unsupported by any authority in the code and regulations to send the withholding tax amount to an accounting firm acting as a middle man for the IRS unless they somehow expressly made an agreement to do so.Good luck with that
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24 April 2024 | 13 replies
oh man, thank you so much for the information.Ill definitely be looking into that.
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23 April 2024 | 13 replies
Maybe I'm just the odd man out here, but I don't want any of the booking sites providing any access information to my property before the guest's 4 PM check in time.