27 April 2015 | 7 replies
This would give you a little bit of flexibility in the property that you acquire since you could pull out the proceeds from your unit without a tax impact - however you need to make sure that all proceeds - cash and paid off mortgages stay in the exchange and are used to acquire the next property.I would start off with an accountant who specializes in Real Estate taxes and then go to a lawyer to implement the 1031.
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11 May 2015 | 36 replies
Especially since such people will combine a developing personal relationship with the business transactions.A really simple iron-clad policy could have prevented this situation(other than wasting some time) - "no cash no keys".
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25 May 2015 | 2 replies
Implementing good business practices early on is essential.
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8 May 2015 | 1 reply
A good source for maintenance schedules, believe it or not, is the Corps of Engineers for government buildings, this stuff has already been invented and implemented, adopt as appropriate.
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9 May 2015 | 9 replies
being that I purchased sight unseen because the listing stated that I can view only during due diligence, I really don't want to spend additional funds on an inspector if there is something that I can clearly see on my own that would prevent me from moving forward.
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22 March 2017 | 7 replies
Would a structural problem as bad as this prevent you from making a deal, considering you don't exactly know how much it cost to fix.
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16 June 2015 | 48 replies
It prevents confusion and allows you to estimate materials costs accurately.Ok.
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25 May 2015 | 18 replies
This approach is easier (read cheaper) to implement it can have the side effect of a change in the light colour as the current is reduced.
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11 May 2015 | 7 replies
LOI, investigate property, due diligence, inspections, if we want it, get in contract, investigate new management buy, Implement new management and rules, tenant screening, rename, start rehabevictions commence ASAP for underperforming units.
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9 September 2015 | 10 replies
From your screenshot it appears there may have been a bug in the system that prevented the full charge amount from displaying.