Mike Dawson
Dissolve LLC or change name?
30 September 2024 | 4 replies
In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.
Austin Snyder
Land Contract/Agreement for Deed instead of Novation for quick Flip
29 September 2024 | 8 replies
The seller retains legal title until the contract is fulfilled.Advantages:Lower Upfront Costs: You can avoid closing costs typically associated with formal closings.Control: You can take control of the property to make repairs and sell it while leaving the original financing in place.More Flexibility: Compared to a novation, a land contract offers you more control over the property since you hold equitable interest.Risks:Seller’s Cooperation: The seller retains legal title, which can complicate things if they change their mind or their financial situation worsens.Resale Issues: FHA buyers may require the deed to be in your name for 90 days before they can purchase, which could slow down your resale plans.Subject-To FinancingHow It Works: In a subject-to deal, you take title to the property while the seller’s existing mortgage stays in place.
Josh Carpenter
Bottle of Wine for a Welcome Gift
2 October 2024 | 28 replies
Some areas may have restrictions that could complicate things, particularly around who can provide alcohol and to whom.If wine isn't an option, you could consider alternatives that are still local and personal, like a handcrafted bottle of olive oil from a local farm or even a basket of locally sourced snacks.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
You raise a lot of good questions.Regarding USD fiat, it gets a little complicated, but most dollar creation is actually done by the banking system via debt.
Devin Bost
Emergency issues while remotely self-managing?
30 September 2024 | 12 replies
Place "how to" signs next to any complicated amenities and front load your messages to make guests aware of any quirks.
Moises Silva
Financing a rehab and flip
30 September 2024 | 25 replies
So that could get challenged....homestead is more complicated than just filing or having a tax exemption.
Jeremy Beland
How Standing Firm Made Us an Extra $70,000 on a Wholesale Deal
1 October 2024 | 11 replies
It was set to be a great deal.But, as often happens in real estate, complications arose.
Kate Lavery
Like-Kind exchange combined with Sec 121 exclusion - reporting questions
29 September 2024 | 5 replies
This can be complicated in practical use, and would be the reason I would suggest to reach out for a professionals help!
Mark Torrefiel
Effective and unique strategies for marketing, then getting a tenant?
1 October 2024 | 16 replies
Similarly, you can look for microcommunities focused on other aspects related to your offer, such as location, type and so on.Other than that, since you're renting one/two units, it's really not worth it to set up your own website or to try to do very complicated forms of content.