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4 October 2024 | 4 replies
As I embark on this journey, I’m eager to learn more about the local market, connect with fellow investors, and engage with the vibrant community that makes this city so special.
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3 October 2024 | 23 replies
(b) A person selling or offering to sell an option or assigning or offering to assign an interest in a contract to purchase real property without disclosing the nature of that interest as provided by Subsection (a)(2) [to a potential buyer] is engaging in real estate brokerage.
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6 October 2024 | 3 replies
Charleston has a very active investor community.
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4 October 2024 | 3 replies
Thank you, and I look forward to engaging with you all in these forum posts and potentially in business.
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5 October 2024 | 0 replies
Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!
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3 October 2024 | 3 replies
Anyway, I need to engage a good RE attorney to negotiate with the bank on my behalf.
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8 October 2024 | 10 replies
If you are doing fix and flips etc. and have an active business then yes, but owning rentals rarely gets you a business line of credit.
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11 October 2024 | 41 replies
Update: Currently (as of Oct. 27) I have 31 active MTRs in buildings I own and manage in the near-west Chicago Suburbs. 29 are occupied and 2 are vacant.
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5 October 2024 | 19 replies
Not sure how they are able to do this or if they are breaking the rules and dont care, but they are actively closing deals in South Carolina.
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4 October 2024 | 8 replies
I was able to withhold less from my W-2 income in anticipation of these savings, providing me cash flow in my pocket each time I got my paycheck.It could be beneficial to engage an accountant to help you assess the cash flow and determine if you are maximizing potential cashflow derived from taxes!