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28 August 2024 | 32 replies
So I tried and succeeded in alternative strategy; I started with smaller commercial multifamily deals that I could do myself.
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29 August 2024 | 13 replies
Look for some alternative financing so I don’t have to sell investments and incur capital gains tax.5. 🤷🏻♂️?
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29 August 2024 | 20 replies
So diversification of asset classes with alternative uncorrelated assets is probably wise, and perhaps carrying lower leverage on STR/LTR going forwards.
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28 August 2024 | 7 replies
Additionally, we are open to exploring other options beyond selling, so any advice or alternative strategies from those with experience in similar properties would be greatly appreciated.Thank you in advance for any guidance or connections you can provide.Best regards,Matt Ginsberg
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27 August 2024 | 6 replies
We will land at roughly 26k in materials for this project… a 14’x26’ garage.
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27 August 2024 | 2 replies
Alternatively, if more time is needed, then they could pay you a fee to sell them an "option contract" to buy the property at a set price within a given time period.
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31 August 2024 | 36 replies
The 'rule of thumb' that everyone should ALWAYS follow is... educate yourself and verify everything - Whenever you put money into any investment you need to research the rules that apply to that investment strategy from alternate sources and verify what you are being told - Never make an investment if you don't understand the issues and verify every claim made through county public records and other, 3rd party sources.
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26 August 2024 | 3 replies
Also, in terms of flooring for the storefront what material would be best in terms of money and quality?
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26 August 2024 | 4 replies
You may pay a bit more and make a little less, but playing the long term game is key in real estate.The types of structures could be lump sum (one price) or cost plus (meaning you pay the cost of material and labor plus a flat fee—more of an open-book model).I see some investors who want to pay for ALL the materials, which is excellent for the investor (more control of finishes & cost) and general contractor (if they are getting paid well).
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26 August 2024 | 9 replies
Talk to your agent and don't try to hide material facts about what you're planning to do.