28 July 2024 | 0 replies
She is an experienced flipper, a real estate professional and a great designer, but wants nothing to do with tax strategies and securing funding.
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29 July 2024 | 8 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
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28 July 2024 | 31 replies
To boost bookings, connect with local realtors, engage real estate investors, partner with relocation experts and insurers, offer business rates, target healthcare travelers via Furnished Finder, collaborate with property managers, amp up online advertising, improve your listing, attend networking events, and follow up with potential clients.
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29 July 2024 | 5 replies
FirstSource and have them price you materials for one of their pre-built designs.
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30 July 2024 | 11 replies
My advice for you (and my future self) so far is:- be very detailed about underwriting your deal- add at least 30% to what you think your rehab will cost (even if this figure came from a GC)- have a really detailed design concept before work starts (including fixtures/trim/color scheme/etc)- check with your city/township's building department and see what permits you need up front- have more than one exit strategy- add a few weeks/months to your projected timeline- purchase cash if at all possible- build relationships, take notes, and learn lessons along the way- have funGood luck!
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29 July 2024 | 6 replies
Here’s a quick breakdown based on my experience:Building new construction gives you full control over the design and materials, allowing you to incorporate the latest energy-efficient systems.
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27 July 2024 | 5 replies
Here is the summary if you are interested.In this case, the main question is when did the investor completed his start-up phase and became actively engaged in his business.Whether a taxpayer is engaged in a trade or business is determined using a facts and circumstances test under which courts have focused on the following three factors that indicate the existence of a trade or business: (1) whether the taxpayer undertook the activity intending to earn a profit; (2) whether the taxpayer is regularly and actively involved in the activity; and (3) whether the taxpayer's activity has actually commenced.
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27 July 2024 | 7 replies
In such scenarios, recourse may involve engaging an attorney to initiate a quiet title action subsequent to the foreclosure process.
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31 July 2024 | 20 replies
Your goals need to align with whoever your potential investors are.I would schedule a call with a securities attorney, such as @Kim Lisa Taylor to walk through your structure, returns, and business plan, especially if this is your first syndication.There will be demand for your type of deal, especially investors who want a flight to quality in this part of the market cycleGino Thanks Gino, I have already had engagement with attorneys and I am moving forward.
29 July 2024 | 6 replies
We also have absolutely insane tenancy laws designed to protect tenants and make landlords' lives difficult.