Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
15 January 2025 | 37 replies
The issue is not the contract, the issue is going to be enforcing the contract, the individual who was selling this could hold this up for years and cost you tens of thousands in legal fees, and then they file bankruptcy and stall it another 5 years.
Dan Ross
Is the Pace Morby Subto program worth 10,000 dollars?
31 December 2024 | 41 replies
Value is based on each individual and they will need to determine if they think there is any value.
James Wise
Why do people Buy Property in California
15 January 2025 | 192 replies
I really don't know the market there well enough to guess the definitive answer but I know when I break down the data in my own market, I see a wide variation in price trends in the individual price bands.
Mike Sfera
When to get a property manager
15 January 2025 | 25 replies
So I said all of that to say... lol, Yes, I think you can absolutely find a PM that would help answer some questions, and I hope you find some kind individuals. :-) All the best!
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
15 January 2025 | 19 replies
So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save?
Bryan Hartlen
Anyone have good experiences with their property management company?
15 January 2025 | 8 replies
As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
For individuals with full-time jobs in other industries, meeting this threshold is challenging unless real estate is a substantial focus outside regular employment.
Andres Ortiz
Referral for "boots on the ground"?
14 January 2025 | 17 replies
I would prefer an individual PM (not associated with any company) to manage my 3 doors in FL..
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
Personally I like 1 savings and 1 individual checking for each property.
Guenevere F.
Hi Everyone! I’m New here & super excited!
18 December 2024 | 10 replies
I’m so happy to be here and would love to connect with like minded individuals 😁Welcome!