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8 January 2025 | 29 replies
The deal was successful and later on we sold the property at a significant profit and 1031 to something larger.
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15 January 2025 | 5 replies
And it can work really well for you as long as you pay attention to the statute requirements.In order to defer all tax you are selling investment real estate and buying investment real estate of at least the same value you sold.
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16 January 2025 | 13 replies
After closing the golf course in 2018, the parcel was sold to a developer named Westside Investment Partners (WIP) in 2019 who intended to remove the conservation easement and develop this parcel in a highly sought after neighborhood of Denver4.
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5 January 2025 | 2 replies
They saw this works, and would like to join me for another project, which is a COPY and PASTE basically.
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22 January 2025 | 56 replies
One of my bizz partners sold his garbage company to waste management for 75 mil his balance sheet is a crack up.. house in Napa valley house one in Lake tahoe hunting ranch some commercial in downtown Napa. and a big huge wad in triple net munis and zero debt.
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12 January 2025 | 1 reply
Any advice on securing financing for potential buyers would be greatly appreciated.Personal Experiences: If you’ve owned, sold, or rented out a geodome, I’d love to hear about your challenges, successes, and any tips you might have for marketing or managing this type of property.Thanks in advance for your insights!
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9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
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15 January 2025 | 6 replies
Based on comparable listings recently sold I think closer to $650k there would be more interest.
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10 January 2025 | 3 replies
I’ve done 1 rental property and sold it to gain capital and did 1 flip that didn’t go so well so not 100% experienced to say the least.
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19 January 2025 | 10 replies
i just sold a property on a contract for deed.