Rafael Dimayuga
appropriate usage of HELOC
1 April 2024 | 5 replies
That's a pretty high cost for an investment that hasn't paid out yet and the returns are unknown.
Account Closed
How to get off market deals
1 April 2024 | 3 replies
I highly recommend Peak performance consultation agency if ever you are ready to have a v.a.
Zach Knoll
Choosing a market
30 March 2024 | 0 replies
Research local economies, population trends, job growth, and infrastructure developments to identify promising markets.
Account Closed
How do investors get loans for properties in poor conditions?
2 April 2024 | 24 replies
If the property doesn't appraise that high, you will have to lower your loan amount and won't be able to get back all of the cash that you invested.
Shawn P Kontrec
Possible to get hard money for a mobile home flip or BRRRR?
1 April 2024 | 15 replies
Perhaps I’m missing something in the equation, but I was thinking that a mobile home would be easier to flip in a market like Minneapolis where prices are high and where flipping regular homes is very tough.
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
1 April 2024 | 10 replies
@Dan BeckerMany times in high value areas, the tax liability isn't nearly as high as some would lead you to believe...Anyway, to you question: no, there really isnt a great way for you to get the property and get the step up in basis.Honestly, your question doesn't make sense: "Is there any creative deal structure that can be used so that I can buy and occupy the home including the assumed improvements, repairs and maintenance, while allowing the seller to preserve the step-up tax shield for their descendants?"
Ferrode Joseph
First time out of state investment ideas for good cash flow/appreciation
30 March 2024 | 25 replies
@Ferrode Josephyes, it's in part it's because interest rates are so high.
Matt Seabrook
E-commerce and dropshipping good or bad idea?
1 April 2024 | 12 replies
In my opinion, staying highly organized and building systems/processes is the most viable part of dropshipping.
Palani (Pono) Wright
How to calculate insurance when analyzing deals
31 March 2024 | 12 replies
But $3200 was a bit high for me and messed up my numbers when analyzing.
Stan Tallman
Seller threatening to break contract to put back on market (for more $)
2 April 2024 | 59 replies
A different and, for some purposes, a better statement of the conclusion is that parties will tend to want damages to be the remedy when the reason for breach is high cost (as could only be true for a contract to produce) and would tend to prefer specific performance to be the remedy when the reason for breach is sale to an outside party (as could be true either for a contract to produce or for a contract to convey).Consequently, it appears this piece, while admittedly interesting, has nothing to do with what we are discussing.I have not seen anything to date that indicates that a court would do anything other than order specific performance if the buyer has met his burden never mind considering whether the buyer intends to be an occupant of flip it.Based on the work product produced so far, I doubt I will be retaining you anytime soon.P.S.