Mindy Nicol
Listed my STR. Overwhelmed with financial requests
25 October 2024 | 26 replies
I think this is the gift and the curse of a still emerging asset class (short term rentals) - as it becomes more "institutional" i.e. more like commercial real estate with more sophisticated buyers then financials and systems for this will likely become more streamlined and stable, but we are still in a place where the buyer pools are more newish investors or typically residential basic investors, so not has experienced or sophisticated evaluating investments based on a detailed financial analysis like more seasoned commercial investors likely would.anyways, just a guess on what might be going on here
Carl Richardson
Paying bird dogs as a licensed agent in Texas?
16 October 2024 | 16 replies
The only thing you can safely give them is a "gift" of merchandise not to exceed $50 in value.
Henry Clark
Hawaii Children’s Book
14 October 2024 | 7 replies
Google Kumulori.com to see book.Is this a good type of local gift product for Airbnb and hotels?
Paul Gamber
Do I need a 1031 exchange in my situation?
13 October 2024 | 8 replies
Then when the property is sold, she excludes the entire gain as a sale of her personal residence ($250,000 exclusion) and she then gifts you the proceeds (nontaxable) saving all of the tax with no 1031 cost or deferred taxes.Just sayin . . .
Ari Lagunas
First Time Investment Property Strategy - San Diego
16 October 2024 | 13 replies
These are not typical life insurance policies.If the down payment comes from an existing asset whether it is money from money market, money from savings account, money from CDs, money from heloc, money from selling stocks, money from stock margin, gift from family, money from life insurance it does not achieve a 100% LTV with respect to determining return.
Jupin Chacko
Transfer Property in Land Trust to LLC to Rent
11 October 2024 | 3 replies
My brother-in-law would gift his interest in the property to my wife (and we would fund him with an agreed upon gift in return) and then my wife would assign her beneficial interest in the land trust to the LLC owned by her as a single member.
Jyotin Gautam
Question about getting FINDER fees in California from out-of-state realtors
10 October 2024 | 5 replies
HI @Jyotin GautamShort answer is no in Texas Long answer according to the Texas Real Estate Commission " Under the amended rule, a broker could give an unlicensed person a gift of merchandise having a value of no more than $50 and this would not subject the unlicensed recipient to a charge of unauthorized practice as a broker, nor result in a violation of TREC rules by the broker giving the nominal gift."
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
And I was very choosy to buy in neighborhoods of new builds that were not saturated with investors I paid more and they were not as cash flow gifted as others who were focused on cash flow my main goal was Go Zone and then when i went to exit 10 years later I could actually sell them easy on the MLS to owner occs and made a little bit of appreciation while my cash flow was neutral to maybe tiny positive but i saved close to 500k plus in personal income tax over the course of 3 years buying them before go zone expired..
Josh Carpenter
Bottle of Wine for a Welcome Gift
2 October 2024 | 28 replies
In Arizona, for example, STR owners generally aren't required to have a liquor license if they're providing a bottle of wine as a "gift," as long as you're not selling it or charging for it.
Chase Rule
Low money down options
6 October 2024 | 8 replies
Means no seller carryback above 80%.Using gift funds may be an option as well.