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2 April 2024 | 1 reply
The offer has been accepted and now I am wondering if that is appropriate verbiage for holding title in the solo 401k.
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2 April 2024 | 1 reply
The offer has been accepted and now I am wondering if that is appropriate verbiage for holding title in the solo 401k.
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2 April 2024 | 20 replies
Have an attorney add a section in the contract (if there isn't one already) that states that EM isn't due until 5 days (or longer if seller accepts) after contract acceptance.
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1 April 2024 | 36 replies
It doesn't seem like many are as creative financing becomes more mainstream.$0 down deal structures with "infinite returns" are du jour.
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31 March 2024 | 10 replies
In my experience, if they have not requested the accommodation and your state doesn't require you to accept payments on security deposit, I would not let anyone move in or sign a lease without full security deposit, rent and any other costs paid up front in certified funds.
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1 April 2024 | 8 replies
Also, in a mainstream asset class like value-added multifamily, I see no reason to take a risk on a sponsor that doesn't have full real estate cycle experience or that lost anything more than a small amount of money (and prefer no money lost).
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3 April 2024 | 29 replies
The tenants I accept think the freeloaders are unrealistic and are raising rents across the board.
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2 April 2024 | 1 reply
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
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1 April 2024 | 6 replies
So let's say that you've got a house for sale and you accept a buyer's offer contingent upon the sale of a property they own.Then you get a cash offer from another party wherein their Realtor tells you that in your state, if you, the seller, gets a cash offer, then Buyer 1 has 72 hours to come up with their money or lose their contingent offer.Not getting anywhere looking this up, so BP is the go-to info machine.Something sounds off about this.....?
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1 April 2024 | 10 replies
We do screening.Unless you have specific, written criteria for what constitutes acceptable answers to the 25 questions, you open yourself up for a Fair Housing violation complaint.