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21 February 2025 | 3 replies
I am planning to get my license as soon as I turn 18 and I was wondering if there is any way I can get involved in real estate while being under 18 and with no license but I also want to get paid?
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9 February 2025 | 32 replies
Please keep in mind, this is my opinion and I am not being paid by RESimpli or any other person for my comments.
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18 January 2025 | 8 replies
Current value of paid off property is roughly 350k , looking to borrow 75k-100k down payment to purchase a 275k commercial property.
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14 February 2025 | 15 replies
I paid it off within the year, so it cost me no interest.
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3 February 2025 | 5 replies
Personally I think this is where a lot of sale lease back programs fail the seller.
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20 February 2025 | 6 replies
I just paid off another DSCR so pleased to be in this position.
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13 February 2025 | 8 replies
It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.
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5 February 2025 | 16 replies
A buyer agreement is the legal document that provides the agent with the assurance that he/she will get paid if they work with you to complete a real estate transaction.
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22 February 2025 | 13 replies
We can't guarantee past our GC that the sub's employees are paid so we rely on hiring a good GC that has reputable subs, contractors, and not a bunch of cash workers.
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18 February 2025 | 4 replies
For example, the pro forma projected that the property tax expense for Year 2 and Year 3 to actually be LOWER than what was paid by the seller the year before the sale.