Rushil Gulati
Looking to invest in Akron, OH. Advice Needed!
5 July 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
Christina Whitaker
Mid to LTR Clayton, NC
2 July 2024 | 5 replies
Here's a very small pros and cons list I've made for the area:Pros:Potential for Appreciation: Rapid growth and development can lead to property value increases.Stable Rental Demand: Proximity to Raleigh and economic opportunities ensure a steady stream of potential renters.Desirable Location: Good schools, amenities, and quality of life attract families and professionals.Cons:Market Competition: Increased demand can lead to higher property prices and competition among buyers.Out-of-State Management: Managing a property remotely can be challenging without a trustworthy local team.Economic Dependence: The area’s growth is closely tied to the economic health of Raleigh and the Research Triangle.
Keegan Darby
Selling with a low interest rate
3 July 2024 | 9 replies
Recommendations on selling a property with a low interest rate to get the highest price?
Brynn Walden
retiring and wish to use 1031 exchanges to invest in syndications
3 July 2024 | 25 replies
But their minimums are pretty high for a tenant in common purchase.
Tina Lee
WY statutory trust for exemption of CA franchise tax
4 July 2024 | 3 replies
I would suggest pushing further on Anderson on how to fill out the form and what to submit, and for presumably the high fees that you have paid them, they should be able to help further.
Marcos De la Cruz
Looking for a competent PM company in Lubbock
2 July 2024 | 7 replies
I highly recommend Minnix Property Management here in Lubbock!
Julie Muse
Owens Creek Rd Quick Flip: Profitable Partnership in Catheys Valley with Seth Choate!
1 July 2024 | 0 replies
Purchase price: $250,000 Cash invested: $20,000 Sale price: $350,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a quick flip on Owens Creek Road, Catheys Valley, CA.
Sam Booth
How to do your title search Tax Deed Sale?
3 July 2024 | 2 replies
Or a company that does it for a reasonable price?
Owen Farmer
Spec Home Construction (Starter Homes) - Margins?
3 July 2024 | 6 replies
They both took a month to sell, sold for WAY below initial asking price (we had to price-reduce, which we had never had to do before).
Ryan Denman
How to raise money and form partnerships with non-accredited investors
3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?