David Sohn
Buyers Rep Necessary?
7 January 2025 | 2 replies
It was never required or nessecarily nessecary.
Kwanza Price
Turn concrete stairs into a driveway and ADU ramp
13 January 2025 | 1 reply
It’s likely the GC will subcontract the concrete work to a specialist while they focus on managing the permitting process and ensuring everything is done to code—especially if there are ADA requirements involved for the ramp.Let me know if you need help navigating the process or any tips for working with contractors.
Amanda Lindsay
Is Rent Redi too good to be true?
19 January 2025 | 13 replies
If you meet that requirement, I highly recommend it.
Cristen Marcotte
DO NOT USE STEADILY INSURANCE
19 January 2025 | 15 replies
They/you can't choose the carrier - their software assigns it.Fortegra is one of the carriers (paper in insurance parlance) that their product is written on.That said, Fortegra is A- rated I believe by AM Best so that isn't the issue.I'm going to take a guess and say that your umbrella is written with PersonalUmbrella.com (Markel) and they require all underlying insurance to be A-rated but also with an admitted carrier.
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
You simply get a discount on this purchase, equal to your tax rate/bracket.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
Ultimately, I wound up doing a 92-unit deal my first time around and realized that part of the reason I was struggling to win deals was simply because I lacked the credibility to be do so.
Charlie Loomis
From Master Metered to Indivdual
19 January 2025 | 6 replies
Make sure to get legal advice on what you can and can’t do for bill back and what kind of notice period is required in your state.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
Most lenders who order appraisals are required to order them through a 3rd party AMC, which can add additional costs to the appraisal but ensures that there is no lender (Or borrower) bias in regards to the values.
Chris Seveney
Transferring Properties out of LLC Question
27 December 2024 | 3 replies
If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members.
Jake Andronico
Reverse 1031 Exchange - Who has done one?
23 December 2024 | 13 replies
Maybe you could extend the closings with some additional earnest money (even if you release it) and buy the time so you can simply do a regular 1031 exchange.