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8 August 2024 | 28 replies
Additionally, if you decided to STR/MTR your ADU, you will have higher turnover (with larger profit margins), meaning you can keep a closer eye on your unit for maintenance and upkeep.Please remember that every investment decision should be based on thorough research and understanding of your personal financial goals and risk tolerance.
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6 August 2024 | 17 replies
Some potential downsides include giving up more profit and possible disagreements on project decisions.
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4 August 2024 | 8 replies
That being said your feelings probably correlate to things that are not discriminatory and if you can explain your decision that way you should be able to defend yourself.
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6 August 2024 | 32 replies
The same ones that were essentially all slapped with price-fixing with the 6% MLS fees that are charged Not saying that decision was right or wrong, but geez, let's not be naive here about the government and the TLAs "protecting" consumers...
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5 August 2024 | 5 replies
A few things I've learned are: 1) Banks/Credit Unions like to see 2+ years in business at a minimum, 2) In addition to your FICO score, they also like to see business revenues via tax returns, 3) They sometimes build their credit decision off of a % of your business revenues (i.e.
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6 August 2024 | 14 replies
So I appreciate your perspective here as I make a decision..And the reason I wanted to transfer it to an LLC now instead of after the 1031 is complete is mainly precautionary, because I have approval from my lender now to complete the transfer, whereas I'm not sure if my future lender for the replacement property will allow it and decide to trigger the due on sale.
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5 August 2024 | 12 replies
Reach out if you’d like to discuss the process further and get you prepared.I seek a product that shortens the 3 weeks down to 1 day where the lender makes the decision based on criteria that will be real in the future and is easy validatable when everyone is at the closing table.
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4 August 2024 | 2 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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7 August 2024 | 23 replies
I think people have a fundamental misunderstanding of the goals of the lawsuit & even of doj, the goal was stop what imo was clear collision & basically make real estate more like any other business, there is no public list that shows the average amount a lawyer or doctor makes, people go see what services they are offering, see if they like a person and make a decision on value, some lawyers or plumbers make more than others, I have a a plumber for instance I’m probably “overpaying” because I like the guy and he shows up and does good work.
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4 August 2024 | 5 replies
When communicating your decision, be clear and respectful, emphasizing that the lease will not be renewed as is since they are not continuing as a couple.