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21 July 2024 | 16 replies
Ultimately I'm looking for a cohort of people with a wide range of experience in real estate.
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17 July 2024 | 3 replies
@Anirudh Reddy you should NOT depend onthe cops to remove homeless people and squatters unless you verify the local laws and what the police will actually do.HOW are they getting access to the building?
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22 July 2024 | 12 replies
Why would they lend it to people who may or may not pay their mortgage.And if you claim the real estate "market" is going to rise then you have a lot to learn as there is no "market".
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21 July 2024 | 9 replies
Hoping to meet some like minded people and learn from ya'll. :) I'm a Realtor in WNC with a strong interest in commercial and residential development, and learning about syndications, partnerships, etc.
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20 July 2024 | 15 replies
Of course, VA loans are no downpayment and investors loans require downpayments so if cash on hand is of concern, then you will need to wait but otherwise, maybe buying today is the better move.
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22 July 2024 | 6 replies
It's about creating spaces that people love, enhancing guest satisfaction, and ultimately boosting our clients' investment returns.I look forward to sharing insights, learning from your experiences, and hopefully helping many of you thrive in your own STR ventures.
22 July 2024 | 7 replies
Also, connect with other like-minded people in your community and attend as many in person meetings at your local REIA groups to network and connect + find out about off market deals and get on local wholesalers "buyers lists".Best of luck!
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22 July 2024 | 6 replies
Secondly, and it's just a pet peeve of mine so sorry if it seems petty, but if people want to get serious about investing in Pittsburgh, I'd highly recommend realizing we have an H at the end of it.
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20 July 2024 | 5 replies
Like other posters have mentioned - it will likely vary by lender - but generally most states will be OK with either Individual or LLC but there are a handful of states that due to various regulatory interpretations will require a LLC (or require a LLC to have prepayment penalties on the loan structure) Borrower = Individual or Entity AL, AK, AR, AZ, CA, CO, CT, DE, DC, HI, ID, IL, IN, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, NE, NH, NJ, NM, NY, NC, OH, OK, OR, PA, SC, SD, TN, TX, UT, VT, WA, WV, WI, WY Borrower = Entity only GA, FL, IA, MT, RI, VA (1-4 Units) Prepayment Allowed Vested Entities Only IL, NJ
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20 July 2024 | 3 replies
Using the LLC asset only makes more sense to me, but I've heard it from tax attorneys for example that the appraised value is what's used each year, until The Person owns 100%, then it's game over.If anyone has direct knowledge or first hand experience or can point me to a specific reference document (IRS perhaps?)