
15 November 2024 | 10 replies
Fortunately I was able to add a 30” model...so I got to spend $400 on a nice whirlpool stainless gas range that looks decent too!

19 November 2024 | 11 replies
A national builder is under contract to purchase all the finished lots to construct the units.

17 November 2024 | 7 replies
Second issue is that it would be really difficult to cash flow, while paying both notes, especially with one lender in second position (which would most likely have a higher rate, plus points to offset their risk.)Now if you got the property under contract for 75% of the market value, which means you would have built in equity, and willing to personally guarantee (full recourse) then yea it may work out.If it's a good enough deal then you could even bring in an equity partner. 50 percent of a great deal is better than 100% of no deal.Cheers!

15 November 2024 | 25 replies
I’m interested in Blockchain and smart contracts too.

16 November 2024 | 17 replies
The contract says no one else besides them can be there for over a week so it is my choice, what options should I consider for this, a rent increase per child, security deposit increased.

12 November 2024 | 2 replies
he has also asked for each electrical panel to be labeled and also gas meters to be labeled.

11 November 2024 | 22 replies
He hit a gas line (not a huge amount of damage), and there is an extra bill coming to me from the gas company for the fix/labor/material costs.

18 November 2024 | 9 replies
Spend your time on your contracts, insurance, and operations.Contracts- copy, borrow from someone else as a starting point.

14 November 2024 | 10 replies
But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

16 November 2024 | 3 replies
The hard thing to do is identify, value, analyze, negotiate and place under contract a “deal” meeting wholesalers minimum requirements that also has room for a decent “wholesalers” fee.