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6 January 2025 | 57 replies
I like both, but real estate allows you to control your investments much more personally.
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6 February 2025 | 13 replies
You should also verify whether the lease agreement allows for ownership transfer without landowner approval.Owning the trailer means assuming responsibility for lot rent, potential removal costs, and liability risks.
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12 January 2025 | 2 replies
.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
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12 January 2025 | 5 replies
FHA and Conventional loans will allow schooling to count as work history.
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18 January 2025 | 16 replies
Forced appreciation allows me to build equity from the beginning of the investment, so if I need to firesale for an unforeseeable reason, I will not be underwater.
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9 January 2025 | 4 replies
Here are a couple of ways you could structure the deal:Lease Option with Seller Financing: You could lease the property with an option to buy later, allowing you to rehab it while giving the sellers time to find a 1031 replacement property.Seller Financing with Deferred Payment: Structure the seller financing with no immediate payments, allowing you to refinance once the property is appraised, and the sellers can complete the 1031 exchange when ready.Escrow Holdback: Transfer the deed into an escrow account, giving you control without immediate transfer, so the sellers can take their time with the 1031.Third-Party Facilitation: Use a qualified intermediary to hold funds and facilitate the 1031 exchange while you refinance.These options allow flexibility for both you and the sellers.
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31 January 2025 | 22 replies
However if you had done a warranty deed (or a special warranty deed if you still have a mortgage on it) instead, your LLC has a claim against you for the issue on the title, and you in turn can go back to your initial title insurance to fix it.Some title insurance will allow to transfer the coverage to an LLC that you own 100%, but not all of them do or they may require an additional fee.
12 January 2025 | 10 replies
The rates will be lower and will allow you to maximize profits.
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31 January 2025 | 12 replies
Open up another Optum HSA separate from my employers that allows me to link a Schwab HSBA, rollover funds from employer.3.
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19 January 2025 | 41 replies
There is ZERO chance this tenant took your stuff because they noticed you didn’t say stealing from you wasn’t allowed.