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22 November 2024 | 7 replies
Consult a tax professional or real estate attorney to discuss the best approach, including keeping homestead property in your name, forming an LLC, and reviewing insurance policies for liability protection.Good luck!
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21 November 2024 | 12 replies
It's important to have your attorney review the title commitment, as I've seen "wholesaler-friendly" title companies include various items in the title exceptions that could cause problems later on.
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22 November 2024 | 12 replies
@Fiona Layne-GerminBeginner-friendly strategies for building long-term wealth include house hacking, buy and hold rentals, BRRRR Method, real estate syndicatations, rent-by-the-room strategy, short-term or mid-term rentals, and partnering with experienced investors.
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21 November 2024 | 14 replies
Other options include partnering with someone with better credit, negotiating seller financing, or leveraging existing property as collateral.
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19 November 2024 | 23 replies
I would also include in this addendum who is responsible for what.
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21 November 2024 | 2 replies
A lot of data centers, including Cologix who recently made an announcement are being developed there.
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20 November 2024 | 5 replies
You’re acting as the assignor, so once the assignment agreement is signed, the buyer takes on the financial responsibilities outlined in the PSA, including the EMD submission.
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21 November 2024 | 15 replies
This is the entry point I’d recommend with high CoC returns and includes your downpayment (20-25% down), closing costs and the furnishing/design budget.
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20 November 2024 | 3 replies
Both things are happening.Buyer agent commission is still negotiated up front with sellers although there is the option not to compensate a buyer's agent - aka have the buyer pay their agent.We also tell buyer's agents to include their commission in the offer.
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20 November 2024 | 3 replies
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