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18 November 2024 | 13 replies
If they say it's a self guided tour with a key code run!
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26 November 2024 | 25 replies
Well, the first problem they have is that the code of ethics of the NAR, as well as most state licensing laws, requires the licensee to treat anybody they deal with “openly and honestly”.
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18 November 2024 | 8 replies
Quote from @Jon Taylor: @Pete Harper - Section 721 of the Internal Revenue Code allows an investor to exchange property held for investment or business purposes for shares in a Real Estate Investment Trust (REIT) without triggering a taxable event.
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15 November 2024 | 6 replies
Currently we are looking into a couple of properties in Zip code 43206 and wondering if you can share inputs about the area from the point of view of safety, tenant pool & growth/appreciation.I have lived in the zip code of 43206 for over four years.
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17 November 2024 | 1 reply
Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capital gains taxes by reinvesting the proceeds from the sale into a similar “like-kind” property.
19 November 2024 | 15 replies
These are professionals with additional training and a stricter code of ethics.
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20 November 2024 | 18 replies
@Rachelle Antoine you'll want to be careful renting out your basement unless you have an egress that meets fire code.
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15 November 2024 | 4 replies
I have a coded front door so they can get in worst case through a code, but typically someone is home to let them in.
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20 November 2024 | 18 replies
The first thing I would do is call your local code enforcement office/building department.
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.