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31 December 2024 | 97 replies
(B) A purchase agreement may provide that in the event of a dispute regarding the disbursement of the earnest money, the broker will return the money to the purchaser without notice to the parties unless, within two years from the date the earnest money was deposited in the broker's trust or special account, the broker has received one of the following:(1) Written instructions signed by both parties specifying how the money is to be disbursed;(2) Written notice that a court action to resolve the dispute has been filed.
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30 December 2024 | 4 replies
MLS usually get's you the highest price but you need to account for the higher closing costs.
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1 January 2025 | 4 replies
Like I said, I'm not an accountant so you should probably talk to one.
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12 January 2025 | 20 replies
Prioritize deal analysis with metrics like cash-on-cash return and cap rate, and always account for expenses and due diligence.
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19 December 2024 | 82 replies
•Set up your EIN and operating agreement.2.Set Up Your Business Bank Accounts:•Open 3–5 business bank accounts to give your money purpose:•Income Account: For revenue and deposits.
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28 December 2024 | 12 replies
Each multifamily building I have has its own bank account.
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5 January 2025 | 11 replies
Maybe just under $600k at 95% accounting for closing and keeping some (tight) reserves.
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19 January 2025 | 47 replies
I still think this is just like factoring accounts receivable .
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9 January 2025 | 107 replies
I'm trying to juggle this and some conference calls. hahahttps://docs.google.com/spread...Also, Account Closed thanks for contributing.
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27 December 2024 | 3 replies
It may create a problem for you later if your bank discovers the account is owned by an LLC that no longer exists.