Francisco Ruiz
Snowshoe, WV - Condo or Home
16 December 2024 | 11 replies
I admittedly have a bias against condos for the following reasons:1) HOAs - both a lack of control over fees and assessments, as well as potential regulation changes2) they don’t appreciate as much3) you have to work a lot harder to differentiate yourself from your neighbors.
Carl Reza
No clue what to do first!
23 December 2024 | 10 replies
Rent control measures, burdensome employment regulations, and excessive administrative requirements exemplify this.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
Can I dictate the remitter listed on the check (LLC vs controller vs IRA) based on the needs of the transaction - my local bank would at least give me that much latitude - or is that determined by these banks?
Alexandre Boustany
Digitizing a Small Real Estate Business
12 December 2024 | 2 replies
Accounting System with "Control" ChecksSoftware to manage revenues, expenses, payroll, and taxes, etc., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.
Lorraine Hadden
Affordable Homes, Where Are They ??
7 December 2024 | 1 reply
The Left must resist the urge to “help” with short-sighted, counter-productive policies like rent control.
Ben Lindquist
Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
While many of these issues are important considerations and should not be ignored or overlooked, there are other more crucial criteria that you must question and evaluate first.The critical risk criteria that you must review and evaluate prior to making your final decision on which 1031 Exchange Qualified Intermediary to retain includes, but is not limited to, the following areas:Technical capability of the 1031 Exchange Qualified IntermediaryInternal processes and audit controls to safeguard your 1031 Exchange funds and assetsUse of Qualified Trust Accounts or Qualified Escrow AccountsDecision criteria and guidelines for investment of your 1031 Exchange fundsProtection from potential errors or omissions by the Qualified Intermediary (E&O Insurance) Protection from potential theft or embezzlement of 1031 Exchange funds (Fidelity Bond) An experienced and professional 1031 Exchange Qualified Intermediary will understand these concerns and should be happy to discuss these crucial issues with you.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
Plus you have no control when they do an exit, and you’re paying fees all over again to re enter into a new DST.
Katharina Bormann
General non-responsiveness from tenants in adhering to agreement
10 December 2024 | 9 replies
If this is a single family, they are responsible for pest control.
Brendan Duggan
Private Lender in inaugural year!
13 December 2024 | 4 replies
Alternatively, some purchasers want to control the process in return for more certainty.For a non-delegated correspondent loan, the loan purchaser will get involved and direct all processing decisions.
John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
While I don’t suggest that the smaller type investor purchase and utilize “exotic” vehicles like foreign asset protection trusts, family limited partnerships with outside controls, or Byzantine or convoluted maze of ownership entities, the more simple strategies of using Series LLCs, self directed retirement plans, and paying off their home mortgage to the extent of the Federal BK homestead exemptions can insure that a plaintiff attorney never even considers going after them.