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25 June 2024 | 6 replies
@Jim L.Ask an agent - this is impossible for anyone to give you any type of legitimate response on this forum with information provided
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25 June 2024 | 9 replies
You had previously provided me information about an attorney you recommended, I reached out on bigger pockets and have not heard back.
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24 June 2024 | 4 replies
Online Services for Trust Setup: Has anyone used online services for setting up a trust?
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25 June 2024 | 1 reply
There isn't the same level of regulation or scrutiny as with residential lease options, which are subject to specific tenant protections.Flexibility: Lease options can provide flexibility for both parties.
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25 June 2024 | 2 replies
Here are some considerations for commercial real estate:Higher Income Potential: Commercial properties often generate higher rental income compared to residential properties, especially in prime locations.Longer Leases: Commercial leases tend to be longer (5-10 years or more), providing more stable cash flow and less frequent turnover.Tenant Diversity: Depending on the property type, you can diversify your tenant base, spreading risk across multiple businesses or corporations.Market Dynamics: Commercial real estate can be more sensitive to economic cycles and local market conditions, requiring a deeper understanding of business trends and tenant industries.Purchasing: Generally, commercial real estate will require 20% down.Choosing Between the Two:When deciding between commercial and residential real estate, consider these factors:Investment Goals: Are you looking for steady rental income, long-term appreciation, or both?
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26 June 2024 | 11 replies
(IRS provides tables to calculate the amount(s) based on your life expectancy each year.)
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24 June 2024 | 8 replies
Since banks can earn this yield with essentially zero risk, other alternatives (with risk) would need to provide higher returns.
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23 June 2024 | 1 reply
. - Most 5+ unit lenders will want the borrower to provide documentable real estate related investment experience.
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25 June 2024 | 10 replies
The only thing worse than the service and promises of Realty Doctors, is that ineffective and non-responsive Realty Medics which they call a property management company.
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25 June 2024 | 1 reply
Before moving forward, I'm seeking advice on the best next steps.Contractor Estimates: Should I get a contractor to inspect the property and provide an estimate for the repairs?