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5 August 2024 | 7 replies
Total Rehab would be about 40k.Due to the extensive work needed to be done, our first investor who is a family member is not willing to go through with it.
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6 August 2024 | 28 replies
They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck
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4 August 2024 | 13 replies
The information contained in this post is not to be relied upon.
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3 August 2024 | 29 replies
Having said this, you would then be responsible for everything that needed to be re-piped inside the house to run to the new meters and would have to meet with the town/city engineer for inspection.
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2 August 2024 | 11 replies
So, the family member is pocketing cash and guaranteeing a stable cost of living for themselves basically locking in their future at a time when values are high.
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29 July 2024 | 2 replies
I am "on paper" and considered to be the owner.No rental money will be asked to be paid to me as the family member is paying the mortgage.
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30 July 2024 | 8 replies
The information contained in this post is not to be relied upon.
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31 July 2024 | 34 replies
FF is not a perfect platform or system, and I don't believe it should be relied on 100%, but it can be a useful tool
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29 July 2024 | 13 replies
The information contained in this post is not to be relied upon.
26 July 2024 | 3 replies
My wife and I are managers/members of LLC A and LLC B is member managed and the sole member is LLC A.