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25 March 2024 | 13 replies
Newer brokerage policies in our mls have more clearly separated listing and buyer broker fees, so you can likely interview nearby buyer brokers who will provide the service for a set cost or possibly work with you to represent you on an agreed upon sales commission where if seller doesn’t offer to cover it, there’s a minimum you’ve agreed to pay to broker on any purchases that are realized through their service.
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25 March 2024 | 0 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
24 March 2024 | 2 replies
My father wants to use his SDIRA to provide a loan to the LLC him and I are equal partners in.The loan would provide the additional funds we require to purchase an investment property.The LLC would pay principle and interest at market rate to the SDIRA.Would this be considered a disqualified transaction?
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25 March 2024 | 6 replies
Secondly, transparency is key—ensure the lender provides clear information about all fees and costs involved line by line.
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24 March 2024 | 19 replies
You said you bought from the turnkey provider.
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26 March 2024 | 23 replies
For distressed properties I intend to keep as rentals, the buyer pool is greatly reduced and being able to close cash and waive inspections provides a lot of negotiating power.
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25 March 2024 | 5 replies
You did a good job of explaining your situation, but I would think I would have more questions before providing any firm advice.
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25 March 2024 | 5 replies
. - LLCs provide minimal legal protection in case of an incident. work with an asset protection attorney to come up with a better plan if they are that concerned. also have great insurance and an umbrella policy.
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25 March 2024 | 16 replies
I tend not to provide financial advice but would say as I get older my risk profile will continue to decrease.
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24 March 2024 | 1 reply
However, they also engage with contractors and service providers, suggesting some level of outsourcing.In general, a Housing Authority's management structure will depend on its size, the scope of services it provides, local regulations, and the organization's strategies.