Sarah Vann DuRant
Florida Land Trusts v. LLCs
11 November 2024 | 4 replies
With a land trust, the legal ownership remains with the trust, helping to avoid triggering the DOS clause when transferring beneficial interest rather than title.
Nevin Wilkie
Refinanced my first BRRRR but bank will not let me put it into an LLC
13 November 2024 | 18 replies
Depending on the lender, you can/should tell them upfront so they can document the LLC in the file so you are sure not to have a due upon sale clause triggered when/if you do transfer into your LLC. #2.
Scott Trench
REPS And Active Losses and Gains
16 November 2024 | 21 replies
Depreciation recapture is triggered when a property is sold, requiring the investor to pay taxes on the portion of gain attributed to previously claimed depreciation deductions.
Robert Johnson
Has anyone purchased Kai Andrew's landhacking program and if so was it worth it?
12 November 2024 | 10 replies
Likely, the single-sentence format triggered the filter, and I apologize that we didn’t catch it sooner.
Ricky Nunez
Tips to Finding Distressed Properties: Help a Rookie Out
8 November 2024 | 12 replies
NONE of these "ands" is a guarantee so it mathematically is incorrect to call it a numbers game.it is NOT a numbers game.The harsh reality of the matter is you need to think, and stop accepting opinions from others just because you want them to be true.
Saurabh Kukreja
Help me Understand Cash Out Refi for next Property
7 November 2024 | 7 replies
Honestly it’s all about opportunity cost.If that additional cost is going to yield you more than it costs; then pull the trigger .If you borrow a down payment, it’s going to reduce your cash on cash return as your mortgage payment is increased.
Renee Ren
Anyone invested in Fundrise?
11 November 2024 | 12 replies
I think it was the BRexit vote that triggered the rush for the door.
Thomas McPherson
Investing in RE through an SDIRAs
5 November 2024 | 3 replies
Know the Rules:No personal use – the property can’t be used by you or family.All expenses/income go through the IRA.Watch for UBIT tax – some income types can trigger it.Tips:Non-Recourse Loans Only: If financing, make sure it’s non-recourse.Diversify: Mix property types, REITs, or loans within your SDIRA.Anyone here investing in real estate through their IRA?
Paul Clements
What are the basic mechanics of township notification of sale in NJ?
6 November 2024 | 1 reply
**CO and Inspections**: Since there’s no CO or inspection requested right after the sale, the township may not become aware of the new ownership until the buyer initiates action, such as applying for a CO after repairs.In summary, while the deed recording updates ownership at the county level, the township may only update its records when triggered by actions like CO applications, tax data updates, or buyer-initiated notifications.
Gregory Martin
Section8 Application Process
6 November 2024 | 1 reply
This form, completed by both you and the tenant, requests HUD’s approval of the tenancy and triggers the inspection process.