15 September 2022 | 3 replies
All you need do is to use drop down boxes to identify the items and call up the reports.If you are looking for individual rentals e.g. guest info etc., creating a spreadsheet will work along with the accounting system.
27 October 2022 | 21 replies
Some turnkey companies sell the property to investors at the point where the rehab work is identified and quoted, but not yet completed.
16 September 2022 | 1 reply
In order to even be permitted to run credit reports, my PM company had to go through a physical site visit from a representative of the credit bureau to ensure we have physical (locking filing cabinets, etc), electronic (password protected computer lock screens, etc), and procedural (written policies) safeguards in place to prevent the release of SSNs and other personally identifiable information (PII).So the correct answer to your question is a hearty No, the PM cannot and should not share applicants' credit reports with you.Note: I have since followed up with the law firm that published the article linked above, and they acknowledged that some of this is still the subject of legal debate.
29 September 2022 | 10 replies
You have 45 days to identify up to 3 properties that you plan to purchase and apply the 1031 funds toward.
12 April 2021 | 8 replies
But you also have an additional 45 days after the closing of your sale to simply identify your potential replacements.
8 April 2021 | 8 replies
Starker (and his attornies) acted for himself - Now you have to use an unrelated 3rd partyStarker took many months to complete his purchases - now you've got 45 to identify and 180 to closeStarker left the money in escrow with the buyer until he identified properties to purchase - now you can't touch or have control over the properties.Starker and his son were involved at different levels with different interminglings - No the tax payer has to be the same from sale to purchase.So you gotta give a shout out to Mr Starker cause he fought the law and this time the law didn't win!
7 April 2021 | 0 replies
Despite this, there are still opportunities for investors find properties below market cost-they just require a little bit more work to find.GOOGLE SEARCH NOTIFICATIONS/COMMERCIAL REAL ESTATE TRADE PUBLICATIONS: The first place to identify properties or real estate investment firms that may be in some level of distress is following real estate activity of note in the news: setting up Google searches, or subscribing to the newsletters for commercial real estate publications such as Crain’s, Bisnow, The Real Deal, Globe Street, Commercial Property Executive, etc.
12 April 2021 | 7 replies
There may be an Order of Distribution that identifies who received title.
22 April 2021 | 15 replies
I have identified some smaller cities in the Northeast, like Albany, New Haven, Hartford, Springfield where there are much better opportunities but realize 10% cap not realistic.
12 April 2021 | 8 replies
Identify potential investors and try to get soft commitments with a marketing package.