Akintunde Aboaba
Seeking Advice on Starting Real Estate Investment in 2025
22 January 2025 | 3 replies
If you have access to private equity then sure, but if you want to buy properties yourself then at best you are looking at 1-2 per year if you have really good income. 3.
David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
Links/references- https://www.canva.com/design/DAFHd-6ryQ8/_T6h0Y9jV0zIEADl6bq... - https://therentalgirl.com/tichttps://andysirkin.com/tenancy-in-common-tic/operating-and-m... - https://www.stonesalluslaw.com/tenancy-in-common-in-californ... - https://www.investopedia.com/terms/t/tenancy_in_common.asp - https://www.rocketmortgage.com/learn/tenancy-in-common - https://www.allcalifornia.com/tenancy-in-common - https://andysirkin.com/tenancy-in-common-tic/guidance-for-se... - https://www.dre.ca.gov/files/pdf/tic_guidelines.pdfby the way I received a lawyer referral who is supposedly familiar with tic in California.
Ryan Marble
Buying land and building the multifamily residence???
12 January 2025 | 5 replies
I'm in Columbus Ohio and we ahve to build the same floorplan over and over and it's a group heard mentality. we build a three story walk up triplex designed for our infill lots
Enrique Toledo-Perez
Advice on getting started
26 January 2025 | 10 replies
Hi Enrique, as a realtor you have access to the MLS and Neighorhood Scout and AreaVibe if its available in you area can give you ratings on crime and schools.
Ricky Hernandez
Turning a New Build into a Rental Property
6 January 2025 | 7 replies
We jointly designed the house to their specs.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Patrick Braswell
Home Equity Loan vs. Refi on rental without existing mortgage?
19 January 2025 | 5 replies
If your broker does not have access to lenders that are fine with SCorp, reach out to me, i have a few that have no issues with this.
Don Konipol
A Tax Lien Warning Story
21 January 2025 | 6 replies
I did go look at it, knew it was accessible by dirt road, and did a lot of research into who owned the easement.Won the auction, paid a tax title company to get clear title (right of redemption is 3 years).
Victor N.
Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
Where she has access to it?
Matthew Cook
High End Home Flip
9 January 2025 | 4 replies
Do I get with any architects or designer on the best way of fixing up the home?