David Denney
Need help- partnership flips end game- 1031 possible?!
20 March 2024 | 6 replies
idk, i feel like there are necessary details missing here. but i'm also wondering if it would make sense to just reallocate the percentages based on what each person is bringing to the table. it would've been easier if you did have an LLC whose operating agreement you could just change. there's also the 'lazy' 1031 or 'reverse' 1031 where you just make the sale, then strategize with your cpa on how to offset the cap gains for that year. also worth noting: 1/3 of something is better than all of nothing. it sounds like it's not really that partnerships aren't working, it's moreso that you feel like your % is no longer fair?
AraBella Hannum
1st time BRRRR and understanding the financing part of BRRRR
21 March 2024 | 9 replies
That's why I'm able to get new investors great terms to, because the group has originated 5 million in loans last two quarters of 2023 so if I say this new person with zero experience is part of may group and I vetted them, they trust me.
Neil Patel
FlipSystem by Antoine Martel
20 March 2024 | 175 replies
Antoine is simply a business person who sees an opportunity to create a business.
Carlos Sosa II
Building My Real Estate Network in North Carolina! Let's Connect!
19 March 2024 | 3 replies
Whether it's a quick chat over the phone or an in-person meetup, I'm committed to making the most out of this trip.
Stan Tallman
Texas lease contract additions?
20 March 2024 | 11 replies
Personally, I list rnetals for my clients but won't manage their properties.
Gustavo Mendoza
Rental application & background checks
20 March 2024 | 24 replies
I would add an extra layer of tenant screening by calling previous landlords and their personal references.
Hector Mejia
Las Vegas vs. Bakersfield
20 March 2024 | 9 replies
Most people that will chime in to pick one area over another either are personally, emotionally, or finiancially tied to one of the two markets.
Account Closed
Flipping homes in Los Angeles
20 March 2024 | 21 replies
Hey Account ClosedI can't speak too much into the LA market specifically, all I've seen personally is that a BRRRR-strategy in LA is tougher because of property values.
Austin Siewert
Late fees? Pet Rent? Acceptable Vacancy Rates?
20 March 2024 | 9 replies
MA is also weird about fees. for vacancy, banks usually want to see you underwrite at 5%, but i personally expect 2%.
Justin Williams
Buying residential multi-family unit apartments ( 2-4 units)
20 March 2024 | 3 replies
Consult a mortgage broker to navigate the financing process and provide personalized advice based on your financial goals and circumstances.By understanding the factors impacting your ability to secure financing for a multi-family property and exploring alternative options, you can work towards achieving your real estate investment goals.