
19 March 2024 | 17 replies
Our brokerage does a lot of business out there.

18 March 2024 | 4 replies
I'm in Miami FL right now for 45 days for business development and they allow for densities as high as 1000 units per acre. in Columbus it might be 50 units per acre. density always wins and drives down land cost. keep land under 10% of asset value upon completion. those are my best tips to get started

18 March 2024 | 1 reply
We are definitely going to change the way the business was being managed.So here's my question: what's the best way to change the rent given our situation (Below)?

18 March 2024 | 5 replies
This poses a challenge because one of the requirements for a 1031 exchange is that both the relinquished property (the property being sold) and the replacement property (the property being purchased) must be held for investment or used in a trade or business.If your client's mother purchased the land less than a year ago, it's unlikely that it would qualify as replacement property for a 1031 exchange because it hasn't been held for investment or used in a trade or business for a sufficient amount of time.However, there may be other options available to minimize the tax implications for your client and his mother:Hold the Property Longer: If your client's mother holds onto the land for a longer period of time and can demonstrate that it is held for investment purposes, it may become eligible for a 1031 exchange in the future.Consider Other Investment Properties: Your client could explore other investment properties that have been held for a longer period of time and would qualify as replacement property for a 1031 exchange.

19 March 2024 | 214 replies
Thursdays in general are very good for me, but I'm very busy until I come back at the end of September.

17 March 2024 | 6 replies
I am considering options such as launching my own business to working a 9-5 to working in the real estate industry and many more.

17 March 2024 | 2 replies
Purchase price: $140,000 Cash invested: $50,000 My first ever Multi Family Building that I got at a good deal from my first Mentor into the business.

19 March 2024 | 16 replies
Most work like this: •Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

17 March 2024 | 29 replies
Here's a couple of good Quotes:1) "Real Estate Investing is not really an Investment, it's BOTH an Investment AND a Business."

18 March 2024 | 4 replies
Of course, I got busy and forgot to cancel within the 7 days, so now I am in my first month of membership at foreclosure.comDoes anybody have feedback on deals they found using this site?