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23 October 2024 | 4 replies
A partnership can do 1031's indefinitely, so no issues with 1031s in the future if you go this route.
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24 October 2024 | 2 replies
Doty II, and I’m excited to be joining this amazing community of real estate professionals and enthusiasts!
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16 October 2024 | 5 replies
Unfortunately, I don't think it's realistic that you will find a generic commercial lease online that checks all the compliance boxes for your state, city, and county.There are limited service property managers that will do retail tenant placement (rather than full property management, which it seems like would be overkill for this one commercial unit you manage), and this would be included as part of that basket of services.You could also hire a lawyer, but I think that property management company will be more cost effective.
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14 October 2024 | 1 reply
Here's an attorney website with information on ending the lease.
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24 October 2024 | 14 replies
With this in mind, I wonder if it is the best investment.
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16 October 2024 | 7 replies
I’m trying to do a BRRRR, but the numbers don’t make as much sense when refi at 80% LTV.
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25 October 2024 | 2 replies
Think of a tool like FollowUpBoss, but for PMC's and MF professionals, instead of realtors.We wanted to create something that can aid a standard PM software, and help PMC's expand thier portfolio without having to onboard a bunch of agents, automating the entire leasing process.Do you think a tool like this is needed?
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24 October 2024 | 16 replies
(you do not pay the taxes you lose the house, and you do not pay the insurance the lender will put insurance on the property for you) Assuming the properties are showing up on your tax returns the income/loss will be calculated from the returns using this form: https://content.enactmi.com/documents/calculators/Form1038.C...The form will allow you to add back your paper loss of deprecation on your returns as well as your property tax, insurance and mortgage interest deduction as those last three are already taking into account into your payment as mentioned in the first paragraph.
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24 October 2024 | 1 reply
Some bipartisan congressional legislation, like the HOUSES Act, supports this effort by making portions of federal land available for residential development.While this approach has promise, experts warn that opening federal lands is only part of the solution.
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11 October 2024 | 17 replies
Make sure you come to the Space City REI Meetup this month on Septermber 25th to meet some fellow BP members here in Houston - At The Cannon Event Room near Bunker Hill!