Bryan Cavellier
Is it possible to 1031 Exchange in Different States?
5 December 2024 | 10 replies
In my case, I wasn’t sure my land qualified because it was essentially my back yard, but because it was always a separate lot from my house, I was able to still do it because raw land without improvements on it is always considered investment property.
Sanjay Bhagat
Track record of Syndicate
12 December 2024 | 18 replies
Hi Sanjay,First, in case you don't know, crowdfunding deals are essentially the same as old-school syndicates ... except they are allowed to market on the Internet.1) There are hundreds of new syndicate deals that come out every year.
Shawn Nofziger
Foreclosure auctions? Good or bad?
7 December 2024 | 5 replies
First, it's essential to evaluate the properties thoroughly before bidding.
Kwok Wong
How to submit a respectful lowball offer?
7 December 2024 | 9 replies
They're usually full of exaggerations or emotional pleas that are essentially lies.
Danielle Tran
Can a tenant sell the same products as another tenant?
5 December 2024 | 6 replies
Its essentially in the longterm best interest of the property owner to ensure there is a non-compete clause in all leases; merely for the benefit of securing longterm relationships with the tenants.A diverse tenant mix can attract a wider audience and contribute to a more vibrant environment.
Loren Souers
Moving Rental Property Into Revocable Trust
5 December 2024 | 6 replies
Putting a property into an LLC before placing it in a trust is generally recommended because an LLC provides a stronger layer of asset protection against creditors and lawsuits compared to a trust alone, effectively isolating the property from personal liabilities while still allowing for estate planning benefits through the trust structure; essentially, the LLC acts as a shield to protect the asset within the trust from external claims.Consider getting professional advice on how to structure your assets to shield and protect the asset(s).
James Branaman
New Investor looking for land in Ojai & Malibu, CA + lender connections for rentals.
4 December 2024 | 7 replies
Essentially, the overlay surrounds the City of Ojai and includes Oak View, Meiner Oaks, and east of Ojai.
Brent Hindman
Keep Primary as First Rental?
4 December 2024 | 16 replies
You might not get as much cash flow with that equity as you would get if you sold and put it into say an apartment building, but with the low mortgage rate you are likely getting some pretty good principle paydown each month and it's in an area that will see good appreciation/rent growth long term.
Najeh Davenport
Seeking Advice: Turning My Unit Into a Group Home/Sober Living Facility
4 December 2024 | 3 replies
This one cluase essentially bans all group homes.
Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
Sure, any buyer can use this as a tool, but its more essential for those with limited cash.