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Results (10,000+)
Barbara Berta Seller not signing the release of EMD
29 April 2024 | 32 replies
EARNEST MONEY: In the event of a dispute between the Seller and Buyer regarding the disbursement of this earnest money, the broker is required by Ohio law to maintain such funds in the broker’s trust account until the broker received (a) written instructions signed by the parties specifying how the earnest money is to be disbursed or (b) a final court order that specifies to whom the earnest money is to be awarded.
Engelo Rumora IRS Is F@#$ing Me. Please HELP!
1 May 2024 | 16 replies
G'Day folks,I've reached out to my legal and accounting team for referrals but they had none.The IRS is absolutely useless and we have tried dealing with them for over a year now on this matter.At the point of just hiring and handing over to legals to deal with itPaid off $70,000 in prior year taxes and have receipts and deposits as proof, etc...
Benjamin Sulka Are my reserves too high for a house hack deal?
1 May 2024 | 22 replies
I’ve secured a great long term tenant who lived with me in a different location prior to me purchasing this building about 4 years ago.
Carol Hiott Cash Flow Investing In Pittsburgh
30 April 2024 | 1 reply
Essentially almost every market in Pittsburgh is a C-market on that scale.Cashflow is a good way to go, but it depends on the financing options the investor has coming in and if you know how to calculate the true numbers prior to jumping into a deal.
David Ounanian What financing options are available for real estate investors?
30 April 2024 | 2 replies
Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,
Christopher Jason Lloyd Wholesalers required to have license in VA
30 April 2024 | 54 replies
What happens at your closing, if it’s assigned, double closed or traded for a pack of gum, is utterly irrelevant, because the law would already have been broken if that person double closing had at any point prior to the closing “offered to sell” or “ deals in real estate contracts” again what happens at the closing table is irrelevant because by that time the law would have already been violated, by the time someone is at your closing table and double closing a deal, presumably by “offering to sell” the law was already violated prior to them even coming to your closing table You might be right... if VA law actually read the way you claim.
Arjan Amiri Matt Theriault's Epic Pro Academy Is It Legitimate?
29 April 2024 | 32 replies
Disclaimer: I have not taken the Epic Pro Academy course, but I attended Matt's 2 day workshop last year.Matt Theriault's 2 day events, which they are somewhat different than the Epic Pro Academy, I believe, since the information is compressed in only 2 days.Nevertheless, lots of practical information is offered, besides instructions and information about the industry, the insights that Matt provides and how they relate to one's approach to business relationships in general, they have value on their own.What I can say about him and his team is that you truly get what they offer, but like with any course, the course is as good as you are by implementing what is been taught.
David Cherkowsky Considering Out of State Investing in Huntsville - Interested in Networking
30 April 2024 | 16 replies
Do you have any prior experience with real estate investing?
Account Closed CA Handyman (not Contractor) has started asking for $500 in Labor per job
2 May 2024 | 41 replies
Even after multiple prior convictions, new offenses are prosecuted as misdemeanors. 
Robert S. Standing water in window well
30 April 2024 | 6 replies
If you are correct about the 1 year warranty, you might not have a legal claim - unless you brought the grading issue to the builder's attention prior to the 1 year period.