Jack B.
Do you plan on eventually cashing out and moving away from real estate?
11 March 2024 | 152 replies
I had considered maintaining a certain dollar amount in reserves and semi annually diverting 75% of the income to the beneficiaries and the other 25% into a separate account designed for expansion so that the pool does not get too watered down as the family grows.
Robert Snowden
Seeking LGBTQ-friendly real estate financial/lending source
6 March 2024 | 9 replies
Interestingly, they've recently negotiated a re-purchase price with us IF we bring new funding to the table.The rehab is required for several reasons: (a) correct the damage the bank has allowed to happen to the property improvements these past few years (known problems include completely destroyed pool makeover; wild animals living inside the residence; flooring missing in sections of the rec center building; destruction of the decorative main entry gate mechanism; lots of dead landscaping; as well as latent defects not known to us such as working plumbing, HVAC & water services) AND (b) expansion & upgrading of the accommodations (converting the private residence to a 2-story lodge with the restaurant/bar, reception/check-in, movie room, public restrooms, gym/sauna/steam room/massage therapy room; enlarged pool & deck area with climate-controlled cover for year round use; conversion of former restaurant/bar building to a general store selling venue collectibles & wearables, selected pre-packaged foods, sundries, RV & camping items, bagged ice & a propane refill station; construction of a free-standing event center; free-standing cabins; enlarged & upgraded RV park with its own small restroom/coin-op laundry building; outdoor activity areas; new landscaping & fencing; new parking area & entry drives (personal car & RVs).We know our target audience having created and operated the former version of this resort for almost years creating an initial membership base numbering about 1,100.
Sebastian Bennett
LP Equity Investment
3 March 2024 | 8 replies
If you decide you want to be an operator, look at real estate expansively.
AnnMarie Bacchus
Are CPA’s necessary before starting out? If not, at what point is a CPA necessary?
4 March 2024 | 59 replies
So, debating "do I need a CPA" or, in your case, "do I need a Realtor" is kind of pointless.As a person who has spent an expansive number of hours in a law library, pouring over chapter upon chapter of various laws and statutes, as well far more hours than the average bear also pouring over tax codes....
Biswajit Dash
Any thoughts on Zebulon, clayton & Wendell area SFH investment
28 February 2024 | 4 replies
With a substantial down payment, targeting the suggested price range within Raleigh limits is not only possible but strategic, considering the city's job growth and vibrant community.However, as you've wisely pointed out, the expansion towards outlying areas like Selma/Smithfield and Benson brings both opportunities and challenges.
Sunny Karen
Should we pull the trigger on these properties? First time investor in Tulsa
29 February 2024 | 28 replies
Agreed on the expansion, we are planning to get a few units (<20) at this stage and aggressively pay it off in the next 5-10 years to act as supplemental retirement income.
Leonard Bell
Let me bring the deal to you.
26 February 2024 | 2 replies
Continuing through, you'll discover a well-appointed kitchen featuring convenient access to the expansive backyard through the rear door.
Alan DeRossett
fruit tree Tax exemption
26 February 2024 | 12 replies
Also future expansion to add additional buildings to rent.
Armando Carrera
LTR or STR/MTR
24 February 2024 | 5 replies
Some of the expansion is on the fringes of the metro, like Casa Grande, but the demand will be there.
Joaquin Santoy
Buying real estate in Tulum?
26 February 2024 | 11 replies
**Tourism Trends and Market Expansion:**Tulum's appeal extends beyond its beaches, with attractions like archeological sites, cenotes, and the multicolored lagoons of Nopalitos, Kan Lum, and Bacalar gaining attention as well as good food, good year-round weather, and kind & polite people.