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13 April 2024 | 12 replies
You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.
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15 April 2024 | 28 replies
We’re looking to link up with a responsible lessee including those operating rental arbitrage.
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16 April 2024 | 10 replies
Being a nice guy, you could give them grace and act in good faith, and let them know that you will give them time to set up assistance, but after the next month, if rent is not paid on time, the eviction process will begin.You also must be careful, bc you get into a legal grey area by being nice and giving people breaks, however if you do not give those same breaks to everyone, you open yourself up to discrimination.I would definitely call that bank and tell them to make it right or they will hear from your attorney.The tenants hardships are not your responsibility.
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15 April 2024 | 6 replies
Ok your responses are from lenders that want to make money lending HM.HM is basically not appropriate for any kind of longer term hold ONLY fix and flip and only if you really know what your doing.I would be very cautious borrowing money..better set up for you and safety is going to be a JV deal.. where the PL is your equity partner and is in it long term with you if its rentals you want to start to acquire.
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15 April 2024 | 33 replies
Assemble a team of individuals who can split following responsibilities: contribute the earnest deposit money, guarantee the loan, find the deal/conduct the diligence, raise the capital and manage the building.
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15 April 2024 | 4 replies
This response is near perfect.
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15 April 2024 | 9 replies
@Russ Mooneyhan, to answer your question, and summarize a lot of the responses below: No, there is no specific tactic that people use.
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13 April 2024 | 0 replies
This property balances our portfolio with heavy equity gains.
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13 April 2024 | 26 replies
I am a Loan Officer in San Bernardino County, and the real estate agents I work with are always coming across solid deals here and there.
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14 April 2024 | 3 replies
I would be willing to make a co-hosting deal if someone has contacts in the region, as my responsibilities in Maine require me to be here more regularly.