21 August 2024 | 182 replies
Yet they have had to close 32 rural hospitals because of their refusal to extend Medicaid.
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15 August 2024 | 21 replies
None of this speaks well for owning property in an IRA.While trying to find related examples, I found another argument I would have certainly lost regarding accounting for a checkbook controlled IRA LLC: “Providing un-tracked accounting services for your own IRA LLC can result in a both an excess contribution and a prohibited transaction.”http://www.prweb.com/releases/2011/02/prweb4300264.htmAccording to the article, “Although there are some exemptions for services provided to a retirement investment plan, they do not extend to services provided to entities owned by the plan.”I guess you guys are right.
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13 August 2024 | 2 replies
You'll be over extended that 100k real fast and now if something goes wrong you just learned a very expensive lesson.100k and using financing is enough to start though.
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14 August 2024 | 1 reply
Basically once someone bids, the auction extends for another 1-2 minutes... and it goes back and forth until there is a winning bid (everyone else quits bidding).
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13 August 2024 | 17 replies
If I’m increasing rent or extending lease term, I send a lease addendum that rent is increased to $x per month starting x date and/or term extended through certain date, along with a letter stating see addendum for review and signature and that if tenant does not sign and return addendum to me by a certain date, then this letter is my notice to vacate by end of current lease term.
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12 August 2024 | 4 replies
Begin your 'pre qualification' process for the acquisition now (most commercial lenders won't issue a PreQual but rather a LOI) In general, Commercial transactions can take longer due to extended due diligence, appraisal, environmental reports and financing (60+ days) so you'll want to initiate your search during the marketing of the down leg as it can cause a tighter timeline than a residential transaction.
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16 August 2024 | 277 replies
Great way to lead by example and I'm so proud to say I know you and am part of your extended fam!
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12 August 2024 | 1 reply
You can see how extended furnishing timeline to save money may not be the wise financial choice.- who lives in primary unit?
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15 August 2024 | 86 replies
I’m guessing my year 4 is going to be pretty good, but it’s taken that long to get everything stabilized.And If I decide to pull equity out to buy more houses, it extends this issue.
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13 August 2024 | 27 replies
@Evan wondering if you'd be so kind to extend that offer to another OOS interest investor.