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11 June 2024 | 7 replies
So you're not left trying to DIY it.BTW - You can indeed have as many 1031s open as you want.
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11 June 2024 | 1 reply
You want to either read your closing disclosures because it will state if you "Can" or "Cannot" switch the title vesting to an LLC.If you want to transition your primary into an investment property I would recommend using a Portfolio or DSCR program by doing a simple refinance either cash out or simple rate and term for intended use.
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12 June 2024 | 4 replies
@Tanjaree TurnerIf you can move it to a self directed ira then you typically don’t pay penaltiesThere are several sdira companies on BP who could provide more information or a simple google search will give you names of many.
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12 June 2024 | 14 replies
If your portfolio is 1-2 properties and you prefer to keep things simple, excel or google sheets would would work.If your portfolio is 3 plus then software would be the way to go.
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13 June 2024 | 20 replies
Unwinding a Subject To or wrap is not a simple matter.
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10 June 2024 | 23 replies
I also recommend building some simple marketing materials.
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12 June 2024 | 27 replies
Simple as that.So, ultimately my suggestion is to look into whether you can design your lease such that you're able to prevent and address hoarding situations.
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11 June 2024 | 68 replies
I use a simple 1 page purchase agreement that is assignable, I put a 60 business day close, and I have an assignment of contract that I use to sell it.If you would like them, I would be happy to share.Good luck.
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11 June 2024 | 116 replies
Simple stuff really.
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11 June 2024 | 14 replies
It’s simple/cheap to execute and makes filing for taxes easy for them because it’s just an additional 1099.But, I don’t love that they’re all in different positions, or that their names are now attached to the title report.