Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
15 January 2025 | 37 replies
The gamble is that the outcome hinges upon the courts discretion and it’s rare to see specific performance unless buyer can demonstrate that monetary damages aren’t enough to make them whole.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
Some of the advice you're getting here is not entirely accurate.
Jared Fisher
Cleveland Property Manager Recommendations
11 January 2025 | 9 replies
@Jared FisherRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Ananth Subramanian
Post Eviction Judgment
26 December 2024 | 7 replies
If that is accurate, you do nothing.
Isaac Terry
Investing Out Of State - Starting
16 January 2025 | 16 replies
They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more.
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.
Jonathan Greene
Why You Need a "Deal Killer" In Your Life as a New Investor
2 January 2025 | 37 replies
.: Quote from @Jonathan Greene: The adage about who you surround yourself with is accurate.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
You would essentially be working 50-60 hour weeks when combining with your full-time job and the real estate to qualify.If you have a detailed and accurate hours log, it is possible but just note that it may raise scrutiny by the IRS.
Julio Gonzalez
Cost Segregation Study Approaches Explained
31 December 2024 | 0 replies
Since this approach relies primarily on true documentation rather than estimates, it is typically the most accurate.
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
If your agent’s estimate of $280k is accurate, this could be a good time to sell.