Karyn Navin
New Member - True Rookie
30 March 2024 | 11 replies
I don’t personally invest in STR’s, but previously served as legal counsel for a company that owned a hotel portfolio valued over $1B, and understand the space and policy considerations that are creating barriers across the country.
Gigi Merritt
The Right One
30 March 2024 | 2 replies
Papa Bear was also a very talented and successful real estate investor/broker in the Los Angeles area who was mentoring me, but didn’t get much of a chance.In November 2021, he flew to Colorado to attend a friend’s graduation to the police force then two speaking engagements about Bruce Lee.
Brian Sparks
Military Buy and hold investor CT
29 March 2024 | 8 replies
Local investor and investment focused mortgage broker in Middletown.
James Wise
POLL: Pick 1 ---> Pay your Buyer's Agent or Go Directly to the Listing Agent.
29 March 2024 | 99 replies
I will pay my agent, even though I am a long term agent/broker/investor.
Brian Ronning
Acquisition of a property with month to month tenants in place already
30 March 2024 | 9 replies
The seller should have sent a letter naming you as the new owner and informing them of the pending transaction.Here's the letter I use as the buyer, which should complement the seller's letter:Dear (tenant):We are excited to announce that our company is in the final stages of purchasing the building within which you reside, and I’ll begin managing the property on August 12, 2022.
Jeet Sangha
Advantages of Assuming Low-Interest FHA Loans
29 March 2024 | 2 replies
I have a loan broker who can help with 2nd position mortgages and I would only look for properties with high loan balances to avoid that scenario altogether.
Richie Hogan
Seller backing out of deal last minute!
30 March 2024 | 5 replies
Another time a couple told the mortgage company that they were getting a divorce, which sabotaged their mortgage application.
A.J. Vanderhoff
Seller financing a triplex - $500k, $80k down, 6% - I don't have $80k, help?
29 March 2024 | 31 replies
Good advice by @Eric GerakosAssuming for a second it’s worth doing, remind him his broker price of 500 will be lessened by the 40k commission, and the bank will be making the money off the loan, not him.So try for 460-480 with as low a down payment as he can stomach and offer to split that payment into upfront and 3-6 months later.
Kristen Haynes
How To Avoid Capital Gains Taxes On Your Personal Home Sale
31 March 2024 | 4 replies
But most people are not walking around with huge unrealized capital losses.”Capital Gains Tax Strategies for Those Planning to Sell in 2024If you’re planning to sell your home in 2024 and believe you may have a large enough gain to trigger a capital gains liability, you can consider these three strategies:Tax Loss HarvestingThis involves the sale of securities at a loss to offset capital gains taxes owed on profits, says Paul Miller, CPA, founder of Miller & Company, an accounting firm based in Queens, N.Y.
Justin Brown
Finding off market properties
28 March 2024 | 37 replies
That’s what I have learned, I’ll send you a connection request and also the details of someone who is providing me these of market deals from a company called new western.