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3 March 2024 | 1 reply
For this purpose, the SEC defines “the date of first sale is the date on which the first investor is irrevocably contractually committed to invest.”
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2 March 2024 | 4 replies
@Cody FurryOk, there are a few issues here to unpack.1) In the Realtor contract there are probably damages owed to Realtor if you don't terminate the contract in a particular fashion.2) Do you understand that in the seller financing component, YOU are the bank, so they are financing the other $30k with you assuming that they assume the VA loan.
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2 March 2024 | 6 replies
Term is the cheaper component.
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1 March 2024 | 4 replies
Deal specifics of course are a big deal - define your buy box and make sure the specific deal works (cash flow from day 1).
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1 March 2024 | 97 replies
Yes, the knowledge component isn't enough.
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1 March 2024 | 15 replies
@Alex ClarkCheck out some of the great things happening in Detroit in 2024https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/My manger owns rentals in the Detroit suburbs and the City of Detroit, including some Section 8.
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1 March 2024 | 2 replies
If she passes before its paid off, the note stays in the Trust, and can be managed by the Trustee(s) and payments disbursed according to the paperwork defining the trust.
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1 March 2024 | 3 replies
The ROI's tend to be in line, just less seasonality component.
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1 March 2024 | 19 replies
Defining the criteria of a buy box also helps investors avoid being overwhelmed by an abundance of real estate opportunities.
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29 February 2024 | 8 replies
All it does is takes your already calculated tax basis (again - your actual acquisition) and identifies some components of that basis that have more favorable depreciation treatment.