
26 August 2024 | 25 replies
Pluses for Destin West: great amenities, very popular with guests, spacious and updated units, good rental potential.Some minuses: HOA is pretty high, beach access can be an issue for some guests.

26 August 2024 | 0 replies
Fresh paint throughout, minor repairs, updated outlets/switches, backsplash tile in kitchen/bathroom.

28 August 2024 | 10 replies
Check the rental laws in the state to determine the notice period.

26 August 2024 | 3 replies
You asked about a property you have listed for sale and property taxes that are coming due and the consequences of not paying them until the property sells.Generally, the local taxing authority will impose an interest penalty on any unpaid balance after the due date with a long grace period before you would have to worry about unpaid property taxes affecting your ownership of the property or your ability to sell.In all likelihood, the property taxes will become a part of the closing and will be deducted from your proceeds at the time of sale.By the way, property taxes are always in first lien position ahead of any other debts like mortgages.

28 August 2024 | 17 replies
Update, my business partner has changed all the passwords.

27 August 2024 | 9 replies
(I never gave EMD as the listing agent didn't demand it)A wholesaler that I know did a JV with me and brought in an end buyer, (I have a fully-executed assignment agreement stating non-refundable EMD due, etc)However the end buyer didn't deposit and wanted to walk away, this is after the inspection period ended.Title agent says the end buyer is the one on the hook for the EMD, but if he's not responding to them and doesn't forfeit the EMD, does it somehow fall back on me?

27 August 2024 | 18 replies
Using this example, the legal name on the online EIN application would look like this: 123 MAIN ST LLC a series of MY CRE HOLDINGS CO a Texas series LLCNotice that, like before, I’ve omitted the commas and periods (what the IRS calls “special characters” and prohibits in the online application).

25 August 2024 | 30 replies
Be curious, if anyone else has updates in the last 12 months of what they are seeing!

26 August 2024 | 6 replies
@James McGovernno, some are very goodi go to a mini mastermind with about 10 other peer investors and we share information and updates and deals we're working oni also go to some larger ones that are primarily networking

26 August 2024 | 9 replies
The renegotiated lease is largely taking the existing lease and just specifying the updated market rate and new lease term.