Andrew Meringoff
Installment sale interest vs. cap gain
11 September 2024 | 3 replies
I couldn't figure out the language or how to incorporate the interest into the payment so this was huge help to me.
Haiden Welch
Minimum amout for starter investment?!?
11 September 2024 | 17 replies
I am in University and have my Real Estate License and am planning to work part-time as an Agent once I pass my exam to make connections and to keep learning about my San Jose/Santa Clara Market (plus hopefully increase my income).I am saving all I make at my current job and am trying to understand at what point I can start looking to buy my first Property.
Marc Brandon
Unbelievable Florida security deposit claim lawsuit!!!
18 September 2024 | 47 replies
Assuming my lease had the right notice language on method and address, I'd be directing my attorney to challenge anything the tenant does in court because the court must enforce the lease as written and it can't be modified without a written modification (I have lease clauses for this and that the lease is an integrated contract so they also can't testify on facts outside the contract terms or that something else was verbally agreed to, etc.).
Jesse Malhotra
Advice for college freshman
11 September 2024 | 17 replies
Hey guys, I’m about to be a freshman at the university of Miami majoring in real estate.
Henrik Arnroed
New member planning on first purchase by Q4
11 September 2024 | 6 replies
Universities, flight schools, HR departments for corporate housing, military bases, etc... the list is actually pretty long.
Jorge Abreu
The Importance of Personal Branding and Social Media 💪
10 September 2024 | 0 replies
Tailor your content to speak their language, grab their attention, and keep them coming back for more.Additionally, networking plays a significant role in building relationships with potential investors.
Carlos Martinez
Insurance concern on new property
10 September 2024 | 3 replies
Anyway, after appraisal we were able to insured the property with Universal company, I recently got a letter that my policy was going to be cancelled due to the condition of the roof.
Liam D.
Buyer going behind my back! HELP
9 September 2024 | 18 replies
If the later is the case, unless your contract with that buyer had specific performance language in it, there is nothing you can do.As to the advice above about potentially clouding title, you are now entering the legal realm and you should NOT be taking legal advice from anyone other than your attorney as clouding title in THIS case can swing back at you from the original sellers for not performing and claiming damages against you.If you intend to wholesale, you need to do it legally and ethically and in many states, that requires either a license, closing on it with your funds or borrowed funds, then marketing for resale once you have title, or having your buyer upfront, forming a legal entity with both you and buyer as owners.
Jeremi Ramos
Does Multiple LLC Client = Multiple Management Contracts?
10 September 2024 | 6 replies
@Jeremi Ramos do an addendum to your PMA that has all the Portfolios and Buildings on it.Be sure to include language though, that allows you to auto-transfer funds between the Portfolios/LLCs to cover your management expenses.Otherwise an owner could screw you on fees by letting portfolios go negative on their balances.
Jane Dang
New fence replacement on rental property is deductible or depreciation
11 September 2024 | 18 replies
However, if you dive into the language of the regulations, including examples, you will see that replacing a fence falls squarely under B (Restoration).Bottom line: it is a capital improvement in 99% of the cases.