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17 April 2024 | 4 replies
I'm looking to see if someone has a step by step process for finding finding the right market/deal or really any information on what sites/resources to use as I search.
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16 April 2024 | 3 replies
I have to adhere to the Bank Secrecy Act and the Anti Money Laundering provisions of the Patriot Act as a bank which requires I document and report transaction activity to try to ferret out money laundering, straw purchases, structuring and so on.
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15 April 2024 | 2 replies
There are other ways to structure owner-finance of land.
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15 April 2024 | 7 replies
It sounds like if you just structured it giving him commissions it would not really work out considering he clearly wants more involvement/skin in the game on the project.Maybe just split it LLC 50/50 and the commission savings is a preferred return over his split on the exit?
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17 April 2024 | 5 replies
Unless the contractor has professional liability coverage, not many avenues for recovery and even then its a long and costly process assuming the carrier picks up coverage.
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16 April 2024 | 6 replies
Goal of 6 properties in total (including personal home)2016The plan: Ramp up my purchasing schedule - having built more resources, developed a level of comfort and understanding of the processes of deal finding, purchasing strategies, and other aspects of buy and hold investing.
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16 April 2024 | 0 replies
As I learned more, I understood that screening was not a fixed process, but one that needed to be improved all the time.It wasn't just one person who had to deal with problems when underwriting deals.
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16 April 2024 | 8 replies
As Bill mentioned, syndications mostly don't structure themselves in a way that is conducive to a 1031 exchange.
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16 April 2024 | 8 replies
I wonder how the closing process was completed when there was a lien on the property?
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16 April 2024 | 0 replies
This process can continue almost indefinitely until financial freedom!