Melanie Baldridge
One of the best strategies is this
22 October 2024 | 18 replies
It occurred to me a long time ago as to why no logical argument about REAL ESTATE will win an argument with someone wanting to believe that the purchase of a guru’s program will ensure their success.
Dan Fritschen
Bringing in tic partner
21 October 2024 | 5 replies
Some things to consider with the above suggestions of creating an LLC and contributing the property + $100,000.The basis the partnership has in the property is transferred from Person A.If person A's basis in the property is $100,000 but the value is now $200,000.The depreciation would be based on the $100,000 instead of $200,000 which may 'upset' partner B.Furthermore, you have to properly structure it so the IRS does not see it as a 'disguised sale'.A disuised sale can potentially occur when Partner B contributes $100,000 into the partnership and it is immediately transferred to Partner A.best of luck
John Divine
Curious about purchase option agreements
19 October 2024 | 2 replies
However, like winning the lottery, it could occur in an extremely small percentage of time.
Isua Mbang
Has anyone used the “All in one loan” with CMG Financial?
21 October 2024 | 59 replies
I can help answer questions and help remedy any issues if any have occurred.
Mel Smith
Pending sale with lis pendens
17 October 2024 | 3 replies
Settlement shall occur within, or at such other site as the Buyer may select, provided that the Buyer shall have given the Seller at least five (5) calendar days advance written notice thereof.
Lena Harris
Ice Maker Maintenance/Replacement
20 October 2024 | 17 replies
@Lena Harris I write in all my lease agreements that I won’t replace ice makers and take each situation case by case when it occurs.
Emily Shay
Macon, GA Property Management recommendations
17 October 2024 | 4 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Chris Berry
Section 8 tenant thoughts
24 October 2024 | 33 replies
This occurred because of their improved financial situation, which resulted in higher contributions from the tenants.
Christopher Mooney
Operating Agreements & Best Practices for Partnership
18 October 2024 | 7 replies
This kind of indecision is harmful when running a business.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
If you can, what was the item and when did the crash occur?