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9 January 2025 | 6 replies
I want to structure this as concise as possible.
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11 February 2025 | 11 replies
Some operators I’ve talked to swear by Class B and C deals but have almost zero eviction issues because of how they structure their tenant relations and lease agreements.
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27 January 2025 | 0 replies
We had a 70/30 investor structure to fund this deal.
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31 January 2025 | 5 replies
I'm still in the process of finding an alternative solution but I thought I'd leave this here as a warning for others looking to make a decision.For reference, I'll just post their email response to me here:As we review your inquiry, we would like to remind you of the following key points from our Terms of Use:In no instance shall ShinePay be liable for any of the following:"Lost revenue from service interruptions.Lost revenue stemming from delays, malfunctions of any product.unauthorized gains access to your account or due to shared passwords or if your password is hacked.Destruction to properly, places, or personal injury resulting from the installation, misinstalling, or misuse of any product.Lost revenue from entering the wrong account number for ACH or other bank transfer or money transfers or due to any delay in receiving funds.Damage to your structure, machines or car resulting from use or installation of our products.Any funds collected that are paid to a person that does not own the property.Any harm from defeating the lock and technology that controls the lock to a device.Failure to properly service any product or machine."
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28 January 2025 | 1 reply
YES, I do provide a bonus / penalty structure to my contractors.
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20 February 2025 | 32 replies
With this structure, lenders can offer more favorable terms, including lower interest rates, making your investments more profitable in the long run.
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20 February 2025 | 11 replies
Who are the most respected and price effective structural engineers that work your target neighborhood?
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31 January 2025 | 3 replies
In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).
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27 January 2025 | 11 replies
I would like to purchase a structured course and have narrowed down my options to Seth William's REtipster masterclass, Joe McCall's simple land flips course, and Jack Bosch's Land Profit Generator.
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30 January 2025 | 4 replies
Then find a CPA who can help you set up and manage your business and advise you on the best business structure.