Blake Kirby
1031 Exchange Phoenix vs L.A.
21 December 2024 | 6 replies
I just had a vacancy come up in the middle of a fourplex escrow and the seller had the unit re-rented in under a week for $50/more per month. 6) Yes it's hot, but with individual metering the landlord doesn't foot the electric bill 7) Yes the market is competitive here, but mostly for 3/4 unit properties.
Angela A.
Cash out after 1031
13 December 2024 | 8 replies
Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property.
Guillaume Vidallet
Setting up LLC in my State or out of State
17 December 2024 | 11 replies
Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
https://efraudprevention.net/embed/cody/Equity-stripping_scams.htmlEquity-stripping scamsEquity stripping is a type of fraud in which a scammer targets individuals who own a valuable asset, such as a home, and convinces them to take out a loan using the asset as collateral.
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
26 December 2024 | 31 replies
If you buy 100 different properties in 2024, they are all individually able to get the ATI.
Zachary Sakena
How to structure first rental in NJ: Should I use an LLC? Land Trust?
11 December 2024 | 13 replies
Ironically it's normally the individuals who go to the greatest lengths believing they are protecting themselves who are the most reckless in the way in which they operate their real estate.
Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
The trustee, borrower or bank can ensure you get your hand slapped hard for approaching the circumstance as a work-out or foreclosure fix it guy without a license or being an attorney.Let's say that we can approach the owner and be in compliance, which you can.You will not purchase a note as an individual investor from a bank that has started foreclosure by making an offer like that.You get a request from the borrower for the bank to sell the note in lieu of payoff as demanded.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
Since they can't do each property individually, they use comparable sales to make broad generalizations to determine percent changes.
Weronika Jedrak
Finding tenants for MTR
26 December 2024 | 27 replies
FF is a great tool, but you can also look up local corporate leasing companies, as well as, insurance companies/agents to work with for individuals who are going through home insurance claims.
Carl Rowles
Is it worth it? Mobile Homes?
16 December 2024 | 17 replies
These homes tend to individually appreciate over time and are actually not bad places to live.The places with the lot rent you have to decide if you want to be in the mobile home business and buy the park.