Carol Kotchek
1031 exchange what happens to the depreciation?
3 July 2018 | 8 replies
Frank, what your saying makes sense to me and corresponds with what one CPA told me.
YiBing T.
Can I get outbid while under contract? Options?
17 July 2018 | 30 replies
Let the broker know EXACTLY what is going on, and send them copies of any correspondence between you and the agent.
Kevin Bieber
Max occupanncy laws for Arizona (Chandler)
22 September 2021 | 11 replies
You should get an answer pretty quickly.Google shows the answer may be 5, but the corresponding PDF files have been moved on local government's website.
Alex Penalva
Basic question regarding 1031 in NJ.
1 August 2018 | 4 replies
Your normal business practice, correspondence with your professionals, actual rental, compelling reasons for the change in intent, etc.
Joshua Lyon
$25,000 EMD lost in Wire Fraud
14 June 2018 | 5 replies
Print out EVERY single email correspondence regarding this transaction, both received and sent, immediately so you have a hard copy. 2.
Karsten Geib
Preparing a lowball offer to present to a seller
26 June 2018 | 8 replies
(It's funny to see some wholesalers' ARV that don't correspond to any other comparable properties.I wouldn't worry too much about justifying the price to the seller.
Melissa Taylor
Investment opportunity/recent death issues
14 September 2018 | 12 replies
From a death disclosure standpoint, you must disclose any deaths that have occurred on the property in the 36 months that preceded the sale, regardless of whether or not the buyer asks.Since each case tends to be so different, it’s nearly impossible to accurately determine the exact tangible value decrease corresponding with the crime.While @Kevin B. is correct that some buyers will be much more put off than others, I would caution you against thinking that it’s likely for you to find a buyer that flat out doesn’t care.
Sean White
Subject-To: What about taxes and insurance?
17 September 2018 | 5 replies
"I will be working with you, please send all correspondence to me."
Jeremy Porto
asset mgmt fee and preferred returns
24 July 2018 | 8 replies
Without an asset management fee in place (and corresponding language in the operating/company agreement) there is no incentive for another person or entity to take the reigns and see the project through.Another important consideration is the probability that revenue does not meet and exceed the preferred return, in which case the issuer/manager would not receive a cash flow - this can lead to reduced effort and mismanagement of the assets.
Saumon E.
Friends in Austin: Killeen, Temple, or Elgin?
19 February 2020 | 18 replies
News & World Report for the "125 Best Places to Live in the USA" the top 5 Texas cities are as follows (w/ corresponding overall ranking): #1 Austin, #14 San Antonio, #18 Dallas-Fort Worth, #26 Houston and finally #90 Killeen!