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29 August 2023 | 4 replies
In my role as the Vice President of the SAMAC Chapter of NARPM, I'm here to provide guidance and address any inquiries you might have.
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28 August 2023 | 1 reply
a pro tip that i've gathered is to look into term life insurance policies for each partner. here's why:partner #1 gets a term life policy with partner #2 listed as sole beneficiary, vice versa. they determine term length & value based on about how long they plan to hold the property, and about how much equity each of them will have in the deal at that time. partner #1 passes unexpectedly. rather than partner #2 having to default to going into business with #1s family, it's written into their partnership agreement / trust docs that in this situation, #2 has the option to buy out #1s interest in the deal. #2 uses the proceeds from #1s life insurance policy, to buy out their half, and #2 is now sole owner of the property.these are the things that no one wants to talk about, but discussing all possible 'worst case scenarios' up front with a potential partner can help you avoid some sticky situations. it also provides all parties with peace of mind, which allows for way better business decisions to be made.this is not legal or financial advice; this is a suggestion to talk with your insurance broker and see if this would suit your partnership's needs. and remember: partnerships can take any form!
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29 August 2023 | 4 replies
In my role as the Vice President of the SAMAC Chapter of NARPM, I'm here to provide guidance and address any inquiries you might have.
7 March 2017 | 11 replies
What one investor may consider an inadequate return might be good for you, and vice versa.
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15 October 2021 | 645 replies
I am the captain of a division 1 swim team and we have a season that lasts until May so I feel like I have a serious commitment, and I want to invest in an area 280 miles south of where I go to school.
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11 August 2022 | 33 replies
A pool would put it over the top (Captain Obvious here, I know lol) but not sure what the cost for that is nowadays.
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30 August 2023 | 7 replies
In my role as the Vice President of the SAMAC Chapter of NARPM, I'm here to provide guidance and address any inquiries you might have.
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19 April 2020 | 27 replies
The properties that see lower taxes will generally be the ones that have not increased in value relative to the other properties in the county/municipality/SD, and vice versa for the ones that see higher taxes.
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29 January 2020 | 12 replies
If your Captain was wholesaling he wouldn't be any more successful than an E1 at doing so.
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13 October 2015 | 18 replies
The areas such as Irvine have good schools, which draw buyers wanting in the school districts, not vice versa.