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18 April 2024 | 3 replies
The best success I have had with seller financing is to listen first to the sellers problem before proposing a solution.Typically a seller finance transaction involves :1) Purchase & sale agreement2) Note3) Recorded deed of trust or mortgage depending on your state.
18 April 2024 | 2 replies
Instead he would like to end the lease and has decided he wants to sell the property instead.He has proposed refunding all amounts that I have given him plus an amount for the time and sunk costs that I have already incurred into preparing to move in.
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17 April 2024 | 1 reply
Tonight is the night, after months of work with the state, county, and city we are presenting a site plan for the city's approval and zone change.Normally, I would not pursue a zone change but when I originally went to the city and proposed storage units based on its current zoning they said they wanted more houses.
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17 April 2024 | 17 replies
LLC member (Limited partner from a legal standpoint but with management duties)Becuase of the LLC's limited partner's confusion, under the proposed regulations, subject to an exception noted below, an interest in an entity would be treated as an interest in a limited partnership under Code Sec. 469(h)(2) if:-the entity in which the interest is held is classified as a partnership for Federal income tax purposes under Reg § 301.7701-3; and-the holder of the interest does not have rights to manage the entity at all times during the entity's tax year under the law of the jurisdiction in which the entity was organized and under the governing agreement.
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16 April 2024 | 2 replies
The proposed plan which got approved is to expand it from 1800 sf to 4235 sf, and initially I speculated that this may cost $300-350k to do and budgeted it accordingly.
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16 April 2024 | 1 reply
I propose buying the house for 20,000 and then find someone else to buy it for 28,000.2.
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15 April 2024 | 2 replies
So initially I proposed only a 5 year increase knowing that I did not want to have a 10 year lease with rent so low especially if I go to sell the building - it would be an unattractive investment.The new partner proposed to have no increase in the first year, then $50 after every year for the remaining 10 years.
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16 April 2024 | 26 replies
I will propose another date soon.
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15 April 2024 | 4 replies
Hi Davin,Just an idea, have you connected with an agent on the mls and had them reach out to all listings that meet your criteria and propose an Arbitrage?
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15 April 2024 | 0 replies
In the H.R. 3936, Built in America Act, it was proposed to extend the 100% bonus depreciation until January 1, 2027.