Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
It is up to the buyer to determine their own incentive and timeline, but if the agent feels like they are just wasting time and not going to get a transaction, the buyer is likely to be back-burnered since agents only get paid when a transaction occurs.
Jessica Medvec
Is “cash only” really cash?
29 December 2024 | 9 replies
Normally when a property is advertised as "cash only" the property is in poor condition and/or the seller wants to reduce contingencies and opts for a cleaner transaction.
Derek C. Thompson
ATM Investments fund
28 December 2024 | 13 replies
ATM business mainly makes money from the transaction fee.
Adrian Rae
"Sale Conditions: 1031 Exchange" - What does this mean for buyer?
26 December 2024 | 14 replies
Yes, that makes perfect sense, especially in such a large transaction to find the replacement property.
Steven Catudal
Increase in property taxes
4 January 2025 | 11 replies
Since you just purchased the property, in an arms-length transaction, you have a very good argument that the purchase price is the market value.
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
. $360k equity (based on your estimated loan balance and estimated transaction costs if you sold, this is not calculating capital gains taxes but that would reduce your equity down to about $310k if you sold without doing a 1031 exchange). $8k cash flow (this will increase over time because you are in an appreciation market). $6k principal pay down (based on your current loan). $20k appreciation (based on 3% which is conservative, 4-5% is the historical average).
Anthony Poulin
Starting a Long Term REI Business Starts Today! Lets go!!
22 January 2025 | 8 replies
While not my main area of practice I represented a Brooklyn credit union lender, some buyers/sellers and a few landlords in real estate transactions and rent arrears cases.While we had successes and some failures along the way I ultimately concluded that I wanted to do something different with my life and cashed out of the business.
Sam Brock
Best Way to Pull Money From These Properties
26 December 2024 | 2 replies
How does the transaction work between me personally and my holding company LLC?
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
Is this the mobile home with the land, meaning a real estate transaction?
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
I don't see any reason why a legimate, arms-length transaction could not be done.4.