Melanie G.
Suggestions on best commercial lenders for a NC project??
12 December 2024 | 4 replies
The location you're referencing will likely require substantial rehab capital.There may be some out of state investor who hears NC and throws their money at a portfolio, but this feels like it'd need to be cash transaction.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
You can get the cashier's check and do any other banking transactions from the convenience of your home office or mobile device without ever going to the branch with any of these banks.
Chris L.
Can I deduct passive losses the year my rental property sold?
13 December 2024 | 6 replies
The gist of it is that when you dispose of your entire interest in a passive activity in a fully taxable (as opposed to a tax-deferred) transaction to a non-related party, i.e., selling a non-grouped rental property in a taxable sale to a non-related party, both current and suspended passive activity losses generated by that activity can be deducted.
Richard Gann
3 Factors to Consider in Exchanging Your Oregon Rental Property
16 December 2024 | 1 reply
Be sure to work with an agent or broker who understands your local market, and consult with a professional who understands all applicable tenants-rights laws related to your transaction.
Travis Boyd
Should I wait to form my LLC until after my first purchase
14 December 2024 | 6 replies
My understanding is the key is to keep separate bank accounts and financial transactions.
Deborah Wodell
How Are You Covering Down Payments & Closing Costs for Your Fix & Flip Deals?
10 December 2024 | 8 replies
We have a savings account where we split up into different buckets (from our w2 and passive income) and one bucket is for real estate and when we have enough to acquire another asset we will consider it.I am not a fan of borrowing 100% of the transaction costs including closing costs as it will be extremely difficult to make money many times on those types of deals.
Lorraine Hadden
Are You Leaving Money On The Table?
10 December 2024 | 0 replies
Take for example, while representing buyers in single family transactions, during the negotiation, I ALWAYS ask the sellers to credit the buyer(s) up to 3% of the asking price toward the buyers costs.
Alexandre Boustany
Digitizing a Small Real Estate Business
12 December 2024 | 2 replies
., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.
Lorraine Hadden
Is Selling FSBO Ever A Good Idea?
7 December 2024 | 2 replies
In the years that I've represented primarily BUYERS, I find that there has been challenges navigating transactions where the seller is a For-Sale-By-Owner (FSBO) AND inexperienced in handling a real estate transaction.
James McGovern
How to unlock opportunity for 108 Acres in Carlisle South Carolina
15 December 2024 | 12 replies
If you're looking to transact faster than that, then your only option will be private Buyers.Another alternative, other than the ideas mentioned above, might be to sell part of the land into permanent conservation.