
30 September 2024 | 8 replies
@Jimmy Rojas - Simple solution, complete your taxes.

7 October 2024 | 12 replies
Maybe if rates drop a bit and the market improves they can either try to refi again to pay us back or original investment or try selling later down the line. totally regret doing real estate at all - this is out of my expertise and I’m paying the price

6 October 2024 | 7 replies
I feel like I'm at the point of have to give a 5 day notice (Illinois), but I'm also wanting to notify their nursing placement agency as they're not paying rent, and they've been late on rent 2 other months now.

5 October 2024 | 0 replies
Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!

3 October 2024 | 12 replies
Also some towns are tax heavy so pay attention to the taxes.

7 October 2024 | 2 replies
Those are two bear traps that investors fall into daily that will absolutely demolish you and put such a bad taste in your mouth you may never return.Nobody wants to pay 3 points at 13% on a bridge loan, but if #1 and #2 above go well it will never kill you.

4 October 2024 | 17 replies
Even more so after considering a 2% acquisition fee which theoretically could pay for a portion of their 10% equity.5.

4 October 2024 | 0 replies
The reality is, rising property taxes, maintenance costs, increase insurance premiums (I'm a broker so don't get me started here), an HOA assessment or annual increase, etc, etc, etc.

6 October 2024 | 2 replies
He shouldn't care if you are getting bank financing or paying in full with cash.It's normal to do a final inspection the day of closing to be sure all work orders have been completed and nothing has changed unexpectedly.The seller does not control the buyer's agent commission unless the seller is going to pay that commission.The emd should be held by an escrow company or attorney, not by some "company".

2 October 2024 | 12 replies
Next I intend to cross check the calculations (esp. taxes) and simplify the layout.