Tina Wells
Valuing Basement Square Footage in Comps
26 January 2025 | 5 replies
For example, I have a subject property that has 1682 SF on the main floor and 810 SF of finished basement (the majority of which is about 8 feet in height with the exception of some bulkheads to hide the mechanicals) and 271 of semi-finished basement that is a utility room basically (washer/dryer, freezer, hot water heater, furnace, some storage).
Bruce D. Kowal
đ 1031 Exchange QI Selection: Relationship & Reputation Deep Dive (Part 3/3
16 January 2025 | 0 replies
By and large, QI's have very high ethical standards, and are sometimes overlooked as the engines of this tax saving tactic.]REPUTATION MARKERS đINDUSTRY STANDINGMembership in professional organizationsLeadership roles in FEAEducational contributions to the industryRelationships with major title companiesCLIENT RELATIONSHIPS đ„Testimonials from CPAs and attorneysReferences from title companiesLong-term client relationshipsTransparent fee structuresRELATIONSHIP RED FLAGS đ©Overly familiar with your realtor/brokerKickback arrangements (illegal!)
Gustavo Delgado
why should we still invest in real estate?
4 January 2025 | 25 replies
if it is serious I have a couple of questions for you 1) what is the last syndication that you have seen that did not project a majority of the return from value increase? Â
Melissa Odom
Needing Advice on Commercial Project
29 January 2025 | 6 replies
The problem is the buildings are in major need of repair...and because of this, rents are one of the lowest in town.Â
Shayan Sameer
New Rental Property Purchase - Out of State
31 January 2025 | 29 replies
Linden is seeing a large amount of investment activity within residential 1-4 unit properties and newly developed facilities, which were ignited by the ONE Linden Plan.
David Rutledge
SBA loan for small hotel
31 January 2025 | 12 replies
The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Now, if you've already set up LLCs per property, then yes, have at least 1 checking account per LLC.For people who own their properties personally, keep personal accounts that are exclusive to RE activities so all of that activity stays separate from other personal transactions.
Kevin Greer
Do you need a Realtor license to be a property manager in Colorado?
7 January 2025 | 9 replies
As a co-host for short term rentals, you may not need a license as long as you're not crossing over into activities that could be considered brokerage activities like handling any contracts, collecting rents, doing any accounting, approving tenants, etc.
Bruce Bennett
How to spot scams or is there a site that evaluates DSCR lenders
15 January 2025 | 9 replies
The priority is consistent recommendations from active investors.Â
Luis Fajardo
Scott Bessent Confirmed as Treasury Secretary: What It Means for R.E Investors.
28 January 2025 | 1 reply
Reduce the federal budget deficit to 3% of GDP, achieve real GDP growth of 3%, and increase U.S. oil production by 3 million barrels a day by 2028.For real estate investors, these plans could mean major changesâand opportunities.