Aldo Valeriani
Help Needed: Stop Work Notice in Covington, GA for Fix-and-Flip Property
29 January 2025 | 3 replies
Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?
Johan Tejeda
New Investor Seeking Connections and Mentorship Opportunities!
16 January 2025 | 7 replies
With one successful flip under my belt, I'm eager to connect with fellow investors and expand my knowledge and network in this vibrant real estate market.In addition to my passion for real estate, I’m also a skilled electrician.
Andy Moffit
Voracious learner looking to build a winning team
27 January 2025 | 3 replies
My former experience has been with LTR and I'm currently focused on STR in E TN but interested in learning other useful strategies and expanding markets in later deals.
Donald DiBuono
Buying a Trust vs Sub To
23 January 2025 | 7 replies
If the insurance isn't done properly, it's on the edge of impossible to cash the check because it's made out to the lender, my company, and the seller(s).
Matt Greenfield
Electrical Question: Can I pull wired, Old Work Electrical boxes through new drywall?
29 January 2025 | 1 reply
I think the proper way is to "de-wire" the electric boxes, hang the drywall, pull the wires through the holes, reattach wires into the electric boxes and then push the rewired boxes into the hole from the outside in.
Peter Neill
From PPR Note Co. to GSP REI: Finding My Freedom Raising Capital
27 January 2025 | 6 replies
Building My Personal BrandAfter 4 years with PPR I was ready to expand my experience and grow my personal brand and investor family.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
Perry Lierman
Should I form an LLC?
24 January 2025 | 6 replies
Getting an LLC in place from the start can provide peace of mind and give you a chance to familiarize yourself with the process before expanding your portfolio.
Shea Gajewski
Young Investor Seeking Advice
25 January 2025 | 3 replies
These loans are based on a property’s rental income rather than your personal income, making it easier to qualify as you expand your portfolio.Networking and Mentorship:You’re already off to a great start by reaching out here!
Carter Fleck
Keeping My Finger on the Pulse of the Property Management Industry – Seen any sales?
24 January 2025 | 1 reply
Private equity firms seem to favor larger operations with scalable systems, while smaller mom-and-pop firms are often acquired by local players or regional operators looking to expand their footprint.If you’re looking for actionable intel, reaching out to brokers specializing in the sale of PM firms could provide useful leads.