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11 January 2025 | 5 replies
for one tenant it says that the landlord is responsible for utilities, and for the other tenant it says that the tenant is responsible for utilities.
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20 January 2025 | 6 replies
thanks for the guidance @Kaushik Sarkar Since it's development it will take longer to get to the exit. 3 years could be right depending on the market, if the project requires entitlements, how long it takes for permits, no major utility obstacles, etc.
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30 January 2025 | 24 replies
To minimize capital gains tax on the sale of their primary residence, your in-laws can utilize the $500,000 capital gains exclusion, potentially explore an installment sale to spread tax liability over several years, or consider converting the property into a rental to use a 1031 exchange for tax deferral eventually.
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19 February 2025 | 32 replies
Personally, I provide my clients with trusted companies in each of these sectors that we've been working with for years, and even utilize personally.
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10 January 2025 | 2 replies
Quote from @Eyad Ahmed: Starting my Virual wholesaling plan from egypt is quite challenging but doable i'm targeting indiana market with an established LLC and the deal machine software and mojo dialer and a presence whether on social media, a website,etc looking to connect with realtors as I'm looking to start novations as well alongside wholesaling any recommendations about my plan or tips and trick's on how to close my first deal, also if there is any buyers in, fort wayne, indiana polis,munchie drop your email to add you to our end-buyers list also any recommemdations of title company that deals with digital banking for example: mercury,wise,relay and is investor friendlyI am the owner of DealMachine and also have 19 properties in Indianapolis.
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19 February 2025 | 57 replies
It's difficult to establish relationships with your team if you're just some far away investor and don't meet them in person.
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21 January 2025 | 14 replies
My advice on sub to is as follows1- COMPLETELY understand the process, implications, liabilities, and possible outcomes before engaging or attempting to engage in a sub to transaction2- Complete disclosure going so far as making sure the other part understands the transaction and possible consequences3- Utilization of an attorney experienced in subject to transactions for setup in such a way that provides some protections in case of default or in case the note is called4- Have a backup plan in case the note is called5 - only use for property that has a TRUE positive cash flow unless the buyer has substantial reserves I myself have purchased 8 properties subject to, but 5 of those were commercial properties which often have notes where a subject to is allowable.
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22 January 2025 | 15 replies
@Michael Beirne Lower priced markets such as Baltimore are very difficult to operate in utilizing entirely 3rd party support.
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23 January 2025 | 14 replies
Type of construction materials for the build(block/metal frame/wood frame), separate utilities, finishes, tech, cleaning crews, any tips and tricks would be HUGE!
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13 January 2025 | 9 replies
Have you established a team yet?