Sherry T.
Picking a local market in SoCal
10 December 2024 | 11 replies
You will have to go there once to twice a week to make sure that trash doesn’t get out of control.
Ben Lindquist
Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
While many of these issues are important considerations and should not be ignored or overlooked, there are other more crucial criteria that you must question and evaluate first.The critical risk criteria that you must review and evaluate prior to making your final decision on which 1031 Exchange Qualified Intermediary to retain includes, but is not limited to, the following areas:Technical capability of the 1031 Exchange Qualified IntermediaryInternal processes and audit controls to safeguard your 1031 Exchange funds and assetsUse of Qualified Trust Accounts or Qualified Escrow AccountsDecision criteria and guidelines for investment of your 1031 Exchange fundsProtection from potential errors or omissions by the Qualified Intermediary (E&O Insurance) Protection from potential theft or embezzlement of 1031 Exchange funds (Fidelity Bond) An experienced and professional 1031 Exchange Qualified Intermediary will understand these concerns and should be happy to discuss these crucial issues with you.
Sidra Amir
After 10 months of stay, tenant is asking to get bed bug inspection done
7 December 2024 | 8 replies
Greene.Tenants should be responsible for ordinary pest control.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
Can I dictate the remitter listed on the check (LLC vs controller vs IRA) based on the needs of the transaction - my local bank would at least give me that much latitude - or is that determined by these banks?
Alexandre Boustany
Digitizing a Small Real Estate Business
12 December 2024 | 2 replies
Accounting System with "Control" ChecksSoftware to manage revenues, expenses, payroll, and taxes, etc., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.
Jewell Arceneaux
Attention Investors: Scale up starting with FHA
14 December 2024 | 6 replies
Live in one unit and rent out the others to cover your mortgage.Seller Financing: Negotiate terms with the property seller where they act as the lender, often requiring a smaller down payment and bypassing traditional underwriting.Partnerships or Joint Ventures: Partner with an investor who provides the capital in exchange for a share of the property’s equity or income.Lease Options: Use a rent-to-own agreement, which allows you to control the property while saving for a formal purchase.BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat): Acquire a distressed property with short-term financing, rehab it to increase value, rent it out, and refinance to recoup your initial investment.Pro TipStay in close communication with your lender as you approach your next purchase.
Brendan Duggan
Private Lender in inaugural year!
13 December 2024 | 4 replies
Alternatively, some purchasers want to control the process in return for more certainty.For a non-delegated correspondent loan, the loan purchaser will get involved and direct all processing decisions.
Mackay Oakey
What are your Real Estate Investing goals in 2025?
27 December 2024 | 22 replies
I want to be in control of what happens with my property and my cancellation policy so I won't use Airbnb or VRBO for midterms.
Jake Thorpe
Criminals, transients, convicts, burglary, fraud, deception, manipulation, squatting
28 December 2024 | 8 replies
This control over contact, is apart of manipulation and abuse.I may be a kind person, I do consider myself to be somewhat of an empath as when I am dealing with confrontation or a disagreement I always try to put myself in the other persons shoes.
Katharina Bormann
General non-responsiveness from tenants in adhering to agreement
10 December 2024 | 9 replies
If this is a single family, they are responsible for pest control.