Flitting from owner to owner is a great way to destroy one's reputation in an area as well as a very time consuming way to lose money.Abandoning a lease opens up an MTR operator to being sued as well.

Local investors and agents will also have helpful recommendations—they are two of the best sources for finding a reputable local inspector.

Some investors and agents talk about off-plan opportunities as if they’re an easy route to massive returns, but the reality is that it’s far more complex.Buying off-plan can be incredibly rewarding, but it requires doing your homework, understanding market trends, and knowing which developers are truly reputable.

The NoD must clearly state the missed payment, cure period, and consequences; consulting an attorney for your first default is a smart precaution.

Second, I have a question about REPS status in a longer term sense.The primary benefit of REPS status, as I see it, is to take passive real estate losses, usually from depreciation and accelerated depreciation via cost-segregation, and use those losses to offset active income, reducing current or future AGI and tax burden.I’m clear about this benefit, but what I’m unclear on is the consequence in out years.For example, if I put $100K into a multifamily syndication, and the syndication does a cost seg, resulting in a $40K loss, I believe that a Real Estate Professional could claim that $40K loss against their other income and reduce their AGI accordingly.

This is another example of why it’s so important to have a good team of experts around you to offer options and discuss the consequences before making any decisions.  

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck. 

Best to do Joint venture with a  reputed flipper near you at the start

Stripe is reputable.

Hi Friends, -Any recommendations for a reputable Cost Seg company servicing San Diego, CA?