Jorge Abreu
Determining your in-place expenses 🫰
23 April 2024 | 2 replies
Examining the T-12 operating statement is necessary for this purpose, since it gives comprehensive details on previous expenditures and aids in estimating future expenditures as the new owner.Verify that there are no omissions or contradictions in the statement.
Benjamin Spiegel
Redwood Breaks Bridgeport, CT, Commercial Sale Record on a Price Per Unit Basis
22 April 2024 | 0 replies
At that time, RCA’s general contractor was given access to examine the units to pre-order all the materials needed for the 4 apartment renovations.
Mariana L.
In what cities/neighborhoods would a turnkey yield best cash flow & appreciation?
24 April 2024 | 49 replies
For older demographics, consider the availability of medical centers, entertainment, and restaurants.Buildings/Permits: Assess the city's growth compared to previous years.Determine if the city can accommodate future supply.Government Regulations: Examine the city's efforts and the type of businesses they are targeting.
Lilian Le
What Real Estate (RE) license benefits a RE investor?
20 April 2024 | 10 replies
Congratulations on passing your exam!In
Scott Trench
What’s Worse? Capital Call? Rescue Preferred Equity? Or Foreclosure
23 April 2024 | 30 replies
My guess is there will be dozens, hundreds, or thousands of case studies to examine a few years down the road to use 20/20 hindsight to evaluate outcomes.On your second question about extending grace vs being tough: that also depends.
Gaurav A.
LP In Syndication | losses from Syndication & W2 income
17 April 2024 | 17 replies
Although the legislative history is different, it's helpful in this situation to examine that case law body.I believe the courts today would agree with and implement a functional equivalence test that examines state law, the operating/partnership agreement, and defacto treatment and actions of the member/partner.Â
Zane M.
House Hacking without actually living there
18 April 2024 | 7 replies
It is important to carefully examine the loan agreement, local laws, and ethical standards.
Grant Gibson
Popular and well respected multi-family syndication groups?
17 April 2024 | 22 replies
Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.
Olga Daisel
Tax on loss and gain
16 April 2024 | 5 replies
Nonetheless, the rules regarding how losses can be used to offset gains can vary by state, so it's advisable to reach out to a professional tax advisor that can recommend solutions based on careful examination of your situation.
Mike Wilson
Issues with state portion of the Connecticut State broker exam
16 April 2024 | 1 reply
I am already a licensed broker in NY and NJ, but I am ashamed to say I failed the broker's exam in Connecticut a few days ago.