
14 July 2024 | 17 replies
I have had funding groups do regular mortgages along with offering private money for renovation type loans

13 July 2024 | 21 replies
I review and update my listings regularly, use all the features provided, post excellent photos, etc.

12 July 2024 | 19 replies
Ally You got yourself in a jam by allowing them to get by without regular payment for so long.

13 July 2024 | 13 replies
I had just bought an off market property to flip but didn't have a regular agent I worked with yet.

11 July 2024 | 6 replies
Oh got it, thanks for the explanation.I am not an accountant or attorney but from a law point of view I believe that as long as the equity is bound in the property it is not realized capital gains so it won’t be taxed.You could structure it as a deferred payment due at some point in the future making it taxable at that point.

12 July 2024 | 0 replies
You can find out what makes the seller decide to sell by getting to know them and communicating with them regularly.

11 July 2024 | 7 replies
I know the city inside out and lived there for 20 years, visiting regularly.

12 July 2024 | 7 replies
Also, define how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

11 July 2024 | 0 replies
Was able to get them all leased with regular tenants.

10 July 2024 | 5 replies
You should know the rules inside out or be working with the professionals that know it.Incorrect moves can result in not only a taxable event to you but to your investors.Based on your most recent response, i do not think you have a good understanding of1) requirements of the QOF(You may need to substantially improve a property)2) How long you need to hold a property before it can be sold to exclude the gain3) Inside basis vs outside basisBest of luck