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1 April 2024 | 3 replies
If you have a custodial account they should do it.
3 April 2024 | 16 replies
Quote from @Joseph Fenner:I’m looking to buy it as an owner occupied primary residence while living in another state but I am open to moving if it is required.It's required...how else would you owner occupy a property without physically being in that State and moving into the property you buy?
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2 April 2024 | 8 replies
I am reading the books, watching the YouTube videos, listening to podcasts, only thing left to do is physically meet like minded people.
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1 April 2024 | 17 replies
A) not the physical building, 123 Main St., and is thus undeliverable.
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2 April 2024 | 32 replies
A lot of times people don't want to leave physical property though, if their heirs don't want to deal with it, or have to split it up, etc. so maybe spreading the cap gains out by using seller financing will be attractive.
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1 April 2024 | 8 replies
Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.
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1 April 2024 | 14 replies
I.e. if they told you the roof was brand new, and upon physical inspection, you discover that the roof on a shed is brand new, but the main building needs a full replacement to the tune of $50k, that is not retracing a deal.
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3 April 2024 | 83 replies
You claim you need this info BEFORE you arrive for appraisal, yet you can not possible work up a figure of value until AFTER you have physically visited the property, as such, how on Earth does having this info we provide set you back and cause you to redo all your work?
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1 April 2024 | 60 replies
What newbies don't understand is that the $500k appreciates 5% NOT the $100k down payment. 5% of $500k = $25k annually on your $100k invested dollars.We haven't even talked about the tax benefits, debt pay down, monthly cash flow, and it being a physical asset that will always be in demand.
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31 March 2024 | 5 replies
If it's a golden piece of real estate like you said it is and you guys are all motivated, mentally and physically capable, I would keep this golden goose egg all to yourself.