Lesley Resnick
April FOOLS MLS in March
2 April 2020 | 11 replies
If you pull showing stats out of ShowingTime, our numbers are way off versus the previous 2 weeks YoY.2019:https://www.screencast.com/t/y...2020:https://www.screencast.com/t/e...I suppose that won't necessarily mean that pending deals will be down in the coming 30-45 days...
Jim Hartmann
Commercial notes during pandemic
7 May 2020 | 15 replies
If you are buying physical business assets most of that is 10 cents on the dollar and hardly no restaurant equipment places will be for anything to liquidate because warehouse is full and nobody is opening up new stuff in this environment until they know when the peak is.
Tre James
Help: Refinancing a New Property w/ Low Value Hi- Cash Flow
2 April 2020 | 1 reply
Keep repair/capex improvement documents Season for 6-12 months and you should be able find a refi for whatever the area comps are showing as long as lenders are still able to have liquidity after these next few months.Or take the apr % hit and find pvt money to carry the note.
Mike Teri
Is Anyone Still Lending on Portfolio/LLC Loans??
17 June 2020 | 17 replies
They usually will take care of their good clients that find themselves in a pinch.. you wont get long term or super great rates but it will take out HML.this is exactly what happened to me and my company in the GFC i had 400 or so BRRRR HML s out as the lender and refi's froze.it was a nightmare cost me my company most of my net worth at the time and I ended up owing 200 plus homes that I had to liquidate at the bottom..
Shafi Noss
Is the Stock Market a Prisoner's Dilemma?
9 April 2020 | 4 replies
Overview of Prisoners Dilemma: https://plato.stanford.edu/entries/prisoner-dilemma/Picture of Prisoners Dilemma: https://www.flickr.com/photos/gforsythe/8245423564Overview of the Efficient Market Hypothesis: https://www.investopedia.com/terms/e/efficientmarkethypothesis.aspPicture of the EMH: https://image.slidesharecdn.com/12efficientmarkethypothesis-091013132117-phpapp02/95/efficient-market-hypothesis-7-728.jpg?
Christopher Fougere
Opportunity knocking? Taking the 401k withdrawal?
27 October 2020 | 22 replies
You wouldn’t pay the penalty on the Roth conversion anyway but being able to spread the tax hit over three years to bolster a more liquid retirement account?
Tone Church
Deceased tenant in unit
3 April 2020 | 20 replies
The lease was set to expire May 31.Any other advice would be appreciated.
Jack Bobeck
How the virus is impacted the last half of March in Jacksonville
23 April 2020 | 6 replies
Do you put it in an interest bearing account that has high liquidity?
Robert Palladino
Collecting Rent in a different name
3 April 2020 | 11 replies
Unless you set the LLC up as an S-Corp or Corporation (verify this I'm not a tax professional) it'll report on your personal taxes under schedule C / E.
Scott Toledo
KY Law on Early Termination Fees
1 April 2020 | 0 replies
Tenant may terminate this Lease at any time prior to its stated expiration date or any extension thereof by providing Owner with 60 days advance written notice of such termination plus a termination payment equal to two (2) month’s rent totaling $3,200.00, provided that a termination shall not be effective unless or until the Tenant has paid to Owner all sums due Owner as rent or other charges.