Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
This strategy balances tax efficiency with proper estate planning.
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
that weâve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Jeremy H Barton
How Do You Create Your Partnership?
14 January 2025 | 2 replies
How would you recommend, or what resources would you refer for us to properly figure out how we spend our time and appropriately get compensated for it?
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
If the proper reports and documentation are not completed, you run the risk of failing an IRS audit and the cost segregation not being honored.
Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
Most commercial lenders do not require any seasoning for that entity which means that you can create an LLC and use that entity to purchase the property immediately as long as you have the proper documents.
Jasper Zimmerman
Property management Anderson, IN
21 January 2025 | 6 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveđ
Joseph S.
Current PPR Reviews
25 January 2025 | 32 replies
Even with some people I believe are honest, I simply believe most do not properly analyze and manage risk, as is evident with nearly every syndication doing capital calls right now because they didnt properly plan for rising rates.Dave Van Horn however, along with his company PPR one of the few people I trust in the real estate space.
Marc Shin
Should I get extra insurance outside of Aircover?
13 January 2025 | 16 replies
Foremost, Proper are 2 big ones.Don't skimp and get the place insured properly.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
The "due on sale" clause (DoSC) obligates the seller to notify the lender if the property is sold.Failing to do so would place the seller in violation of this agreement, giving the lender the right to accelerate the loan.But no laws are being broken here.So, subto is neither legal nor illegal.Second, it only works because most lenders are more interested in receiving payments than in invoking the DoSC clause and foreclosing on the property.But, it can work, provided seller and buyer are both on board and the proper process is followed.
Owen Wang
Becoming a real estate agent
29 January 2025 | 5 replies
There are fees associated with going to Real Estate school, obtaining your license, joining the board and MLS for your area, getting proper E&O insurance and so forth.Â