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15 January 2025 | 15 replies
Incidentally this is the perfect scenario where a checkbook IRA is going to be far superior to having to go through the custodian for every transaction.
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14 January 2025 | 28 replies
It forces me to get real familiar with my business and how my properties are performing.
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13 January 2025 | 0 replies
It wasn’t a massive deal—our expected assignment fee was $10,000—but when you’re growing a business, every opportunity matters.Everything seemed to be moving smoothly until the title search revealed a major roadblock: the mortgage discharge couldn’t be cleared because the person who needed to sign off was deceased.
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24 January 2025 | 2 replies
In Texas, as a licensed agent, you’re generally required to use TREC-approved forms for real estate transactions unless an exception applies, like (I believe) leases longer than 1 year or where no TREC form exists.
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10 February 2025 | 3 replies
However, seeing as though I have already sourced the deal myself, would it still be in my best interest to use a realtor for this transaction if it works out?
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5 February 2025 | 10 replies
Prohibited Transactions: Avoid transactions with "disqualified persons" (yourself, family, etc.).Alternatively, consider leveraging a HELOC (Home Equity Line of Credit) to access capital for investments.
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26 January 2025 | 13 replies
A benefit of this setup is that VRBO still processes payments and handles the transaction.
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23 January 2025 | 0 replies
My mum currently lives there, she is 80 and not very well, but you would also become a tenant in common and as such if you had the time you could profit 100% from the transaction, as I need cash urgently and am willing to heavily discount the asset.I am wondering if there is a market out there where someone wants to get a foothold in the London market by buying my part of the property.
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16 January 2025 | 12 replies
Also be open to knowing that you are acquiring a series of problems.You're in the solution business.
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25 January 2025 | 4 replies
All the add-ons are a la carte so you can definitely get a lot of value based on what you need.One thing I personally don't like is that when tenants pay rent, they are charged $1 per transaction for ACH use.