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25 January 2025 | 1 reply
Have every detail spelled out, use an escrow account and daily updates verifying all parties are executing their responsibilities.
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24 January 2025 | 6 replies
If you do this, make sure you have clear intentions and written terms each party agrees to.
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16 February 2025 | 20 replies
Plus, it allows you to offer the sellers a streamlined process without coming across as too "salesy," since you're focusing on solving their problems in a way that's beneficial for both parties.
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5 February 2025 | 15 replies
And while these groups help you a lot with the actual strategy, the best part is the network you'll gain which pushes you 10 times further then googling all the free stuff.
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22 January 2025 | 22 replies
Quote from @Rereloluwa Fatunmbi: Quote from @Andrew Steffens: You definitely saw what I was getting at - this house IMO looks like a great place for a bachelorette party / bridal party etc.
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24 January 2025 | 2 replies
But here's the thing: communication within the GP team can make or break a deal.When information doesn’t flow smoothly between team members, it can lead to confusion—and even worse, miscommunication with external parties.
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29 January 2025 | 6 replies
After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):REAL Red Flags That Matter:The Partner Complaint TriggerDisgruntled partner files Form 8082K-1 disputesPartnership disputes leading to tax filingsReal Impact: Instant IRS attentionSuspicious Loss ClaimsLosses exceeding investmentArtificial basis inflationSudden large losses without economic realityExample: $100K investment claiming $500K lossesRelated Party GamesCircular property flipsBelow-market transfersFamily partnership schemes without substanceWatch Out: IRC §267 and §707(b) violationsDebt Engineering Red FlagsBasis inflation schemesArtificial guarantee arrangementsPartner debt shifts near year-endCritical: IRC §752 compliance matters!
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29 January 2025 | 10 replies
Their company is pretty great at not responding to their communities people , not following local law yet alone their own lease agreements The uptick of lot rents I get it it’s business but also driving out affordability for people which again it’s a business so some may say that part is just the territory , but not following lease agreements , hiring poor management and then doing nothing about it when it’s escalated is a reflection on their business aswell best of luck.
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18 February 2025 | 14 replies
So, just so I’m understanding correctly, unless the ADU has a driveway for parking of its own, then rent rates might go down on the actual house bc, essentially, the property land is being shared by different parties?
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27 January 2025 | 1 reply
The signing parties are "stopped" from saying anything different after they sign the letter.Each Tenant Estoppel Letter states the attached copy of the tenant lease is accurate and was signed by the tenant, there are no other written or verbal agreements, the tenant has paid rent through a certain date, and there is no prepaid rent other than the current month.