Haleigh Nelson
Emerging NC markets?
1 January 2025 | 2 replies
What are some other emerging markets maybe with a bit lower to cost to entry for a BRRRR strategy?
Tara Montgomery
Emergency Sale Ideas
30 December 2024 | 4 replies
Hi, I had a buyer locked in for 2 Atlanta properties title is already ran and the payoff came up higher than expected . I have until the 3rd to get the settlement statement and proof of funds so that the attorney can ...
Nilusha Jayasinghe
Property reserves and personal efund locations
13 January 2025 | 9 replies
Is your $15k even enough of an emergency fund for you personally?
Dennis Bragg
Emerging Real Estate Investment options in 2025
30 December 2024 | 6 replies
The world of real estate is brimming with opportunities for 2025. With markets adapting to changing economic conditions, now is the time to explore innovative investment strategies. Let me walk you through some exciti...
Nicholas Dillon
HELOC on Primary Residence
12 January 2025 | 2 replies
I have a pretty large emergency fund in place for those properties, but I wonder if that capital could be better employed elsewhere (potentially acquire another property).
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
Learn the eviction procedure for your area, perhaps contact a lawyer in the field to help you with this one, and get the fraudster you're currently housing out on the sidewalk to sleep in a cardboard box where they belong.You're going to lose plenty of money here, but this will never happen to you again, and you can minimize your losses if you move as quickly as possible.
Brandon Larson
Please Help: Property Management Policy Binder
1 January 2025 | 4 replies
Quote from @Brandon Larson: It's important to have established policies and procedures, but I wouldn't put a lot of effort into that with only a duplex under management.
Briar Blake
Property Managers Violated Contract
7 January 2025 | 11 replies
As a PM, I'm authorized to make emergency repairs without owner permission.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
The standard legal procedure, as far as I understand in NC is the landlord must make reasonable effort to re-rent the property (which I will), and any vacant time till new tenants are found must be paid by previous tenants.
Bruce D. Kowal
🚨 1031 Exchange QI Selection: Protecting Your Exchange Proceeds
13 January 2025 | 2 replies
Let's talk about protecting your hard-earned equity.The most critical aspect of QI selection is SECURITY OF FUNDS 🔒Here's why:Your QI holds your exchange proceeds during the exchange periodThese funds are NOT protected by FDIC insuranceQIs are largely unregulated in most statesIf your QI goes bankrupt, you could lose everythingKey Protection Steps:Verify FIDELITY BONDING 🏦Ask for proof of current fidelity bond coverageConfirm the coverage amount exceeds your exchange proceedsRequest verification directly from the bonding companyCheck FINANCIAL CONTROLS ⚖️Segregated accounts for each exchangerDual controls on fund movementsWritten procedures for fund handlingTreasury Regulations §1.1031(k)-1(g)(4) outlines QI requirements but doesn't mandate specific security measures.