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6 October 2024 | 5 replies
Verify these numbers by researching comparable rentals in the area or consulting with a local property management company.Additional considerationsContingency Funds It's wise to have reserves for unexpected expenses during the rehab process or unforseen vacancies.Market Conditions Keep an eye on the Denver market trends.
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4 October 2024 | 5 replies
As always, tax laws in the US are subject to change so it's always best to consult with a tax pro or estate planner for the most current and personalized advice.
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4 October 2024 | 15 replies
I have seen more than a few syndicators underwrite real estate taxes to 80% of purchase price, which this equates to, presumably based on a tax consultants recommendation.Put simply: when the parties disclose the value of the real estate being transferred, they put own 80% of actual purchase price, with the remaining 20% likely going to goodwill or other intangible assets.
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4 October 2024 | 8 replies
It offers more protection overall.I will say that I am not an attorney so I would consult with a real estate attorney who is also an investor.Check out this BP blog by @Scott Smith - https://www.biggerpockets.com/...Lots of info about series LLCs.
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4 October 2024 | 12 replies
Once the sheriff completes the eviction, they can regain possession and ensure the tenant vacates.It's always a good idea to consult with a local attorney to make sure they are fully compliant with Pennsylvania’s landlord-tenant laws.
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4 October 2024 | 8 replies
If you wanted the REP designation in the future, you can have your signficant other qualify and that would allow you to qualify (e.g. a stay at home wife) or you can take a consulting role resulting in the real estate being your full time gig.
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4 October 2024 | 13 replies
You can also find a MTR consultant or someone who operates in the area to help you determine the rent rates, demand, and supply numbers in your market.
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1 October 2024 | 6 replies
It's always best to consult with a real estate attorney to make sure you're structuring the deal correctly.
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2 October 2024 | 3 replies
Google Reventure Consulting.
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1 October 2024 | 10 replies
I would consult with an attorney in columbus or dayton that can do this for you.