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31 January 2025 | 8 replies
The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn.
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23 January 2025 | 4 replies
Would the investor have to use an assignment contract between him and new end buyer to collect the mark-up fee aka assignment fee at closing?
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22 January 2025 | 8 replies
Tax-Free Exchanges: While 1031 exchanges aren't available to SDIRAs, the tax deferral within the account means you can sell property and reinvest proceeds into new opportunities without immediate tax consequences.
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26 January 2025 | 2 replies
Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.
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7 February 2025 | 4 replies
Paid in February but since that February only paid January rent he got another late fee for February.
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10 February 2025 | 7 replies
There are tons of other metrics to consider such as rental rate, job demand, growth, path of progress, taxes, schools, crime, and on and on.
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23 January 2025 | 20 replies
I have a non-residential commercial mastermind and the fee started at $2500 in season 1.
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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
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22 January 2025 | 5 replies
You will want to fully understand the tax reporting burden you will face.
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28 January 2025 | 5 replies
It is a fairly signinificant set up fee and monthly charge.