James Sills
Thinking of a career change
17 January 2025 | 3 replies
I am not an expert here but my thought is that you would learn a lot by getting your license and have more credibility in the industry at large so if your time and finances allow- get that license:)
Kolby Knickerbocker
what questions do you ask/data do you analyze to select investment markets?
15 January 2025 | 5 replies
This will allow your agents and wholesalers to assist you better. - Property type (single-family homes, duplexes, or small multifamily)- Min/max square footage or number of bedrooms and bathrooms- Desired cash flow or ROI metrics to ensure profitability- Property Condition (turnkey, light cosmetic fixes, or heavy rehab)- Neighborhood type (A/B-class areas for appreciation vs.
Donald DiBuono
Creative Finance Deal Need Advice!
9 January 2025 | 4 replies
Here are a couple of ways you could structure the deal:Lease Option with Seller Financing: You could lease the property with an option to buy later, allowing you to rehab it while giving the sellers time to find a 1031 replacement property.Seller Financing with Deferred Payment: Structure the seller financing with no immediate payments, allowing you to refinance once the property is appraised, and the sellers can complete the 1031 exchange when ready.Escrow Holdback: Transfer the deed into an escrow account, giving you control without immediate transfer, so the sellers can take their time with the 1031.Third-Party Facilitation: Use a qualified intermediary to hold funds and facilitate the 1031 exchange while you refinance.These options allow flexibility for both you and the sellers.
Victor N.
Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
That's a terrible idea.He should either install a smart thermostat that allows him to set limits, or he should remove her from the property.
Kenny Bao
Advice on Off-Market Apartment Strategies
29 January 2025 | 9 replies
This would allow for a longer carry back with up front cash flow.
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
16 January 2025 | 40 replies
Some car companies don't allow transfers of their cars shortly after they are released.
Gregory L.
Rent to preserve 2.5% mortgage
3 February 2025 | 4 replies
This would allow you to defer the capital gains tax, and instead of taking a large tax hit, you would be able to use the tax to invest in a nicer property/properties.
Cameron Marro
Seeking Renovation Advice for My First Investment Property
3 February 2025 | 15 replies
A cash-out refi could allow you to set aside some funds as a reserve or at least pay down your debts so that your lines of credit (credit cards etc) can act as your emergency reserve when more bad things happen.
Salvatore Ross
Ideal Property to Manage
3 February 2025 | 9 replies
This way, if vacation rental management becomes too demanding or isn’t feasible, you have an alternative strategy in place.Make sure to confirm that the HOA or association allows rentals at all.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
It's not worth hiring a lawyer but as you suggested, small claims court may be an option IF you hired them in your personal capacity OR if your jurisdiction allows LLC owners to go to small claims and represent the LLC in court (many, most?