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5 March 2024 | 12 replies
Current partnership for one Single Family is approx 50k down payment, 10k partnership/management fee, 10k put in bank account for operating expenses.
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5 March 2024 | 2 replies
They thought about giving seller credit to the buying LLC so it isn't recognized as profit... but I'm not quite sure that's how that works.
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5 March 2024 | 12 replies
When should I form this partnship and open a business bank account to pool capital?
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6 March 2024 | 16 replies
If you have the income and credit, maybe you can sign on for the loan and someone else provides the down payment?
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5 March 2024 | 4 replies
The Senior Loan Officer Survey this week cited “uncertain economic outlook” and “deterioration in the credit quality of loans and collateral.”
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3 March 2024 | 7 replies
@Kay Li I'm following this to see if I can also make some new accounting connections.
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6 March 2024 | 0 replies
By utilizing social media, you can attract a more comprehensive selection of potential buyers to improve the possibility of a sale.To use social media to promote your listing, follow these tips:Create social media accounts for your real estate businessShare your listing on social media platforms like Facebook, Twitter, and InstagramUtilize paid advertising on social media to reach a targeted audience using the targeting options provided by the platformEngage with potential buyers and answer any questions they may haveRemember, social media can be a great way to promote your real estate listing and attract a more diverse selection of prospects than just buyers currently actively searching for a property.
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5 March 2024 | 2 replies
Right now, in my market, I'm seeing a lot of multifamily properties that don't work because the sellers aren't accounting for the new cost of borrowing.
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5 March 2024 | 3 replies
If @David Alder, had the ability he could have avoided tax entirely by having the note go into the exchange account.
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5 March 2024 | 0 replies
I know I could pivot the FBA side into wholesale (this is the current plan), and it will still have the challenges of any Amazon business -- you're at Amazon's mercy (e.g. my account was locked for a few weeks by them during Q4 last year).