27 January 2020 | 13 replies
Time is your most precious non-renewable asset... cut to the chase on what you exactly expect from them and if they choose not to work with you, it's best for you and your business to know that now!
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29 January 2020 | 18 replies
Would they have mandated rent cuts?
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13 February 2020 | 8 replies
Do not worry about the commission cut or anything quite yet because it will take a little while before you make your first sale (most of the time).
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27 January 2020 | 4 replies
I would like to raise my income on the non-real estate business, but want to have the REP tax status first to cut down on fed income tax.
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27 January 2020 | 0 replies
Do I let’s say for my first deal I plan to pay investors a 6% preferred return and after that a 70% split to investors and 30% to me.Do I incorporate Blue Estate LLC and then go straight into creating a fund similar to that of Cardone Equity Fund VI which is a fund of Cardone Capital or do I just syndicate a single property deal and create a property LLC paying management fees to my firm to later hire employees and profit splits to investors and myself?
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29 January 2020 | 15 replies
I cannot keep my checks straight, but I think I am hilarious and that is all that matters at the end of the day.
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30 January 2020 | 10 replies
According to the Pennsylvania Landlord Tenant Act of 1951, Section 250.201:Real property, including any personal property thereon, may be leased for a term of not more than three years by a landlord or his agent to a tenant or his agent, by oral or written contract or agreement.Source: https://casetext.com/statute/pennsylvania-statutes/statutes-unconsolidated/title-68-ps-real-and-personal-property/chapter-8-landlord-and-tenant/landlord-and-tenant-act-of-1951/article-ii-creation-of-leases-statute-of-frauds-mortgaging-of-leaseholds/section-250201-leases-for-not-more-than-three-yearsI’d consult with a local landlord-tenant attorney in your state and confirm, but it seems pretty clear cut.
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6 February 2020 | 2 replies
The Tellus app looks pretty straight forward for equity loans.
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1 February 2020 | 10 replies
We can create equity in multifamily real estate by investing in our assets to grow rent, improve vacancies and by cutting expenses Avoid high end real estate – high end real estate always gets hit first in any downturn as people migrate from more expensive to less expensive homes.