I'm not fully understanding this term.
Does this mean the property may only be sold to individuals who are principles of the LLC. As in general partners vs limited partners?
If a rehabbed was not selling as fast as one hoped, and they decided to rent it out instead, how would the investor pay the lender the original loan amount - if they do not have the funds they would from an outright s...
I just started with Stessa on my first real estate transaction. I used a private lendor to fund the re-hab (cash) and owner financed the purchase price (minus down payment)
I have a bank account linked to Stessa an...
I have done some research on the "lease option assignment" strategy, and am currently calling sellers who are interested in this. I keep on hearing the term "be a principle in the transaction", or else its not legal.W...
Hello Fellow REIs,Got some landscaping that needs to be done? Got some cleaning up in a rehab? Someone to put some nails into the wall? Write direct mail letters? or do you just need someone to make those "god awful" ...
Hello BP. Was wondering if anyone has used or can talk a little about their experience with the company in Michigan. Company is Principle Property Management. They are located in Clinton Twp. Am trying to narrow down ...
Hi All,
So here is the situation. I employ a 3rd party management company to manage my units. They make a percentage of collected rent, and also do most maintenance and repairs using their own crew, which I...
Hey BP. Quick tax question: I know that I can deduct my mortgage interest, property taxes and homeowners insurance on my taxes, but can I deduct the principle payments along with all of that?
Lately, I have been wanting to learn more about how certain investors have built up massive wealth and survived one or two real estate crashes. I don't believe zero down investing is the only way and certainly not pay...
I have looking into financing and have come across this idea of doing an interest only loan to purchase a multi-family. The thinking is, I really don’t have a desire to own the property, but rather maximize the cash f...