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17 January 2022 | 34 replies
Just out of curiosity, when you say you analyzed short term vacations for your former job, what was that?
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16 January 2019 | 11 replies
In addition, this is a "country club deal" where the preferred return is calculated based on the initial equity investment and it accrues but does not compound if there's a shortfall.
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19 October 2020 | 26 replies
@Lee Ripma Out of curiosity, how well do you generate leads using your Wix site and assuming paid traffic?
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2 October 2018 | 6 replies
If not, the preferred return will accrue and you will need to distribute it either in a future year or at sale.Note: all of this is for apartment syndications but the same should hold true for any partnership with a passive investor.
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13 August 2020 | 17 replies
@Ken Miller what is causing you to switch companies out of curiosity?
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8 December 2021 | 17 replies
Just out of curiosity, did you have some bad experiences with appraisals?
26 October 2014 | 15 replies
You'll be accruing/paying property taxes and probably need to place insurance on it.
20 September 2019 | 4 replies
@Lien Vuong's solution is a good one if there's enough cash flow to cover the additional loan, or you can structure it so that the interest accrues and the entire loan + outstanding interest is due at the end of the 2 years.
20 June 2023 | 2 replies
Out of curiosity what benefit is this providing you?
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13 August 2023 | 13 replies
If there is equity in the home it can be sold, the mortgage satisfied and the remaining funds accrue to the estate.