Danay Ramirez
Foreign individual direct ownership
29 March 2024 | 1 reply
This is the main disadvantage of owning the property at the personal levelForeign investors are generally subject to an estate tax rate of up to 40% on the property’s value above the allowed exemption of $60,000.
Ryan Bakerian
Seller Financed Refi Questions
28 March 2024 | 6 replies
If you google, "how much are closing costs" you'll get a result from Rocket Mortgage (most expensive lender) stating the fees could range from 3-6% of the property's value.
Jolene P.
Need Advice- 4plex with CF selling for max appreciated value
27 March 2024 | 6 replies
Hi All,I thank you in advance for any and all insights. My situation has many layers so please ask if any points need clarification. My partner and I currently live in Brooklyn in a 1bd 1ba condo that we would like to...
Luna Tran
Oklahoma Investors: Navigating the Evolving Real Estate Commission Landscape
29 March 2024 | 0 replies
This blog explores the potential changes and how they might affect your investments.National Landscape: Potential ChangesLawsuits alleged NAR policies stifled competition, inflating realtor fees.The settlement could lead to a more open market with:Discounted commissionsTiered commissions based on property valueFlat feesHourly billingOklahoma City ImpactShort-term: Uncertainty, market fluctuations.Long-term:Increased inventory from lower seller closing costs.Shift towards value-added realtor services like targeted marketing and expert negotiation.Technology-driven platforms may offer lower-cost alternatives.Proactive Strategies for InvestorsStay informed about market trends and commission structures.Build relationships with experienced real estate agents.Negotiate commission rates strategically.Focus on long-term investment goals.Conclusion: Adapting to the Changing LandscapeThe national shift in real estate commissions signals a period of potential change for the Oklahoma City market.
Josh Mac
Where did you start?
31 March 2024 | 50 replies
We are likely going to target value add opportunities.There are a lot of ways to do this.
Logan M.
Valuations of On-Market vs. Off Market Mobile Home Communities
28 March 2024 | 4 replies
No doubt, after the park owner meets with them, their opinion of value and asking price increases.
Joseph O'Sullivan
TSP Loans - Current Pros and Cons
29 March 2024 | 11 replies
If the borrower intends to use the same asset to satisfy financial reserve requirements, the lender must reduce the value of the asset (the account balance, in most cases) by the proceeds from the secured loan and any related fees to determine whether the borrower has sufficient reserves.
Paul B Fleming
Anyone work with Simm Capital Group?
28 March 2024 | 6 replies
It's also important to understand the amount of committed capital relative to assets under management (basis, not appraised value).
Emily Anderson
Making rental properties into a business.
29 March 2024 | 3 replies
Real estate rentals are not really considered "businesses" in some sense because virtually all the value is in the equity of the real estate.
Justin Brin
Top location for long distance investing?
29 March 2024 | 75 replies
I just locked up 7 more last week, all are under 90k, all have rents from 1100- 1400, all have values from 115k- 125k .