
27 November 2024 | 3 replies
I’ll provide an overview of the situation and my thoughts/attempts on how to structure the deal.Owner: He is in his 70s, payed off asset, appreciates the return profile of his property but is no longer interested in the management and hassle aspects.Details: Before I even asked, he mentioned that he isn’t sure where he stands in terms of depreciation and is somewhat concerned about the tax implications of selling.My initial approach to discussing creative financing: Me: "Have you heard of or would you consider seller financing?

1 December 2024 | 134 replies
I have seen it happen maybe 5 times over the years and directly involved in 2 .. the one I mentioned that I bought the first after the second was bought and another were I was bidding but got out bid B/C other bidder did not know about the first.In the its a Small World category..

27 November 2024 | 4 replies
The price is $6,213 (that includes everything mentioned.)

28 November 2024 | 4 replies
David Greene mentioned that when he does out of state renovations, he likes to leverage property managers to overlook the construction process.

29 November 2024 | 9 replies
Though fee schedules vary by company, generally speaking, you'll pay more up front for checkbook control and less over time, since the full custodial companies will have transaction fees not to mention the red tape of going through the custodian for all transactions.

28 November 2024 | 5 replies
Just to mention a few:- Wynn Casino (First Casino in the GCC states) in Ras al Khaimah- Al Maktoum International Airport (set to become the worlds busiest airport)- Palm Jebel Ali (the second palm bigger and more luxurious)- Expo City (Regions largest exhibition center)Its a lot of information but I believe it gives a simple explanation to the complex market here.Let me know if you would like to know more about the market and if you would need guidance into exploring the possibilities here!

29 November 2024 | 10 replies
Steadily is my go to, but I see you mentioned them already.

26 November 2024 | 13 replies
If you get a section 8 tenant the authority will need a closet and outlets as well as the egress you mentioned.
27 November 2024 | 4 replies
The traditional carriers you mentioned are not good options in this space.

29 November 2024 | 11 replies
One of the most important skills you didn't mention is networking, which you are obviously doing well at too.I'd recommend connecting 1:1 (zoom, coffee. lunch, etc.) with a couple from the BP Chicago community or better yet check out some of the local meetups: https://www.biggerpockets.com/forums/521-real-estate-events-...Make friends with the meetup hosts...they will often know whos who and can help you make the right connections.Regarding your license, I think it's a great idea if you have the time and are going at it with the right intentions.