AJ Wong
Oregon Coast Safe Haven: Investing in a climate refuge for the future
30 June 2024 | 5 replies
Climate plays no role in my investing.
Jonathan Greene
5 Tips To Create A Real Wholesaling Business And Not a Chop Shop
2 July 2024 | 108 replies
So, states are beginning to look at the “role” of the wholesaler two ways.
Arkadiy Iliyayev
30% Vacancy Rate on 40 unit Apartment Complex Need A Leasing Expert
26 June 2024 | 4 replies
Like Daniel mentioned, amenities could play a big role even if the price is a bit higher.
Joe S.
Lease option question for Texas
25 June 2024 | 1 reply
For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.
Kevin Kim
Can You Share Your Experiences with LGBT Couple Tenants?
27 June 2024 | 37 replies
She was bigger than they were which could have played a role.
Beth Anderson
Start with Strategy book - Questions
25 June 2024 | 0 replies
I don't see him having a full-time role in it one day when he retires.
CJ M.
Survivorship Deed or Transfer business?
25 June 2024 | 1 reply
Transferring Your LLC via Will:Review Operating Agreement: Check if your LLC’s operating agreement addresses ownership transfer upon death.Update Your Will: Specify in your will that you intend to transfer ownership of the LLC to a named individual or individuals upon your death.Consult an Attorney: Seek advice from an attorney specializing in estate planning and business law to ensure your will is legally sound and compliant with state laws.Consider Tax Implications: Understand potential tax implications of transferring LLC ownership through your will and plan accordingly.Notify Your Successor: Inform the person named in your will about their future role in the LLC and provide necessary documents.Please feel free to reach out if you need any further assistance.
Grady Gilman
As a newby, is my plan going to work?
27 June 2024 | 11 replies
Not a terrible idea, but here's where I would urge you to exercise some caution. 1.
Seth Bollinger
Beginner House Flipper
26 June 2024 | 7 replies
With this strategy, you initiate contact with the homeowner, go under contract, and you can either close with them and buy the house yourself, or you take on the role of a wholesaler and assign the contract to another investor.