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20 January 2025 | 19 replies
U can initiate a sale as the owner this is just a moratorium from investors or others wanting to swoop in and take advantage of folks at least that's what the state is doing or thinking this moratorium is going to doIf that's the case, I'm a fan.
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17 January 2025 | 1 reply
Strategic timing matters, especially with multi-state portfolios.Real Example:Investment property sale in 2019Federal noticed unreported gainTwo states involvedTimed response to fall after state deadlinesResult: Only federal adjustment appliedInvestors: What's been your experience handling tax notices across multiple states?
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15 January 2025 | 9 replies
Purchase price: $136,000 Cash invested: $90,000 Sale price: $260,000 full renovation from studs What made you interested in investing in this type of deal?
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15 January 2025 | 6 replies
There may be something called a "Due On Sale" clause.Check and see if all tax parcels are included in one mortgage or if they have separate mortgages.You have to have him spell out what he considers to be a "partial seller financing".
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15 January 2025 | 2 replies
I’d simply ask in what situations where the broker and the brokers firm did nothing to facilitate the sale do you think you should get paid a commission?
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17 January 2025 | 3 replies
I often read that one should seek a commissioned sales role because your comp is uncapped and that has served me well.
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13 January 2025 | 4 replies
Purchase price: $55,000 Cash invested: $25,000 Sale price: $119,000 Bought at around $50kFixed up at around $20kSold at $120k What made you interested in investing in this type of deal?
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7 February 2025 | 31 replies
That typically puts your rent to sales price around .75-.8 ish give or take but these areas tend to appreciate more consistently from what I've seen and the rental clientele is more consistent.
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11 February 2025 | 31 replies
I also don't like funds for the lack of transparency (no DCF, no rent comp, no sales comp, no sensitivity analysis etc) even if properties are already identified.
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26 January 2025 | 13 replies
All the major PMS platforms have hundreds of reviews on there and you can get a great sense of what will and won't work for you without having to sit through 5 or 10 sales demos.I discovered both OwnerRez (for our STR) and ThinkReservations (for our hotel) on Capterra.