Sean Beksinski
What is a probate ?
10 September 2018 | 3 replies
Probate (the legal term for gathering the assets of a deceased person to pay his/her debts and distributing the balance to the beneficiaries) is a court-supervised process which can span from several months to several years, depending on the complexity of the case.Most probates close in less than 2 years but almost all probates complete 3 phases.
Nathan Frey
Private Note Funds - Accredited / Non-Accredited Investors
6 January 2022 | 20 replies
That's how Wall Street does it -- a large number of notes, diversified by location, time of investment and other factors.Most people aren't comfortable putting all their eggs into one basket, or putting their money into a fund controlled by the manager (who can suspend distributions at any time), and with something like Groundfloor you don't have to.
Tin Nguyen
Marketing to Distressed owners?
2 March 2016 | 6 replies
Feel free to distribute as you see fit.Best,Scott Hildebrand"
Henry Clark
Industrial/Flex Property- Day in the Life, Building a Flex Prop
1 December 2023 | 47 replies
Use for fill.Google is building a really large distribution center 1 mile down the road.
Collin Savunen
Why hasn't the market crashed yet?
25 April 2019 | 148 replies
Its unexpected market dislocations - 2007 it was the unexpected size of derivatives markets that so few people understood.
Garrett Blanchard
Balance sheet structure
26 May 2022 | 9 replies
If the business in recent, you may be able to start from the start.If the business is really old, you may want to start doing the books from the start of a year.Asset items include items such as Cash, Real Estate, Land, Earnest Deposits, etcLiabilities include items such as credit card payable, mortgage payable, security depositEquity items include items such as capital contributions, distributions to date, etcBest of luck!
Mahdi Mike
Pick a city in DFW to buy a rental properties
31 January 2023 | 29 replies
Have, publish and distribute guidelines and that will eliminate probably 50% or more of potential tenants who will self select out, because they don't meet the guidelines.
Wade Barnett
How are ADU's currently being appraised in Los Angeles? After SB 9 was passed.
23 May 2023 | 13 replies
Not if you understand the income is not used to derive the value on less than 5 units.
Joe Davis
Owner Finance notes collateral - Community bank recommendation?
28 January 2019 | 5 replies
Many private investors feel better knowing a third party servicer will distribute the payments in accordance with the partial agreement.In my mind it would only be a benefit if: 1) it provided capital demands that the banks weren't meeting2) provided less expensive capital (lower rates/fees)3) required fewer guarantees (banks often want a personal guarantee when loaning against notes)4) provided capital fasterThat may or may not be the case when looking at partials with private versus bank funding.
David Harris
Multi-family or Single? Which is better investment in Detroit?
10 February 2020 | 6 replies
To Travis: I love the equation that you and your wife have derived for your rental property portfolio.