Rafael Pinho
FIRPTA doesn't apply to a domestic LLC that has multiple members. True or False?
Hi all, EU based investor here looking to do flips and buying rental properties.If we form an LLC with a mix of resident and non-resident members, will FIRPTA apply?
Robin Simon
What’s Next For DSCR Loans? Updates For 2024 and Beyond
Sharing what are some of the things I think may be on the horizon for DSCR Loans in 2024 - inspired by a lot of comments that pop on these forums. Would love feedback/further ideas of what people are seeing or hoping...
Raj Patel
Cash out Refinance BRRR
Hi everyone.I own a retail building with a partner under an LLC. Under very conservative valuation at 8% cap rate, I believe the building is worth $1.6M+I was thinking about doing a cash out refinance at $1.1M with a ...
Trevon Peracca
All yellow letters or mix it up?
I'm looking to start campaign number three here in the next week or two. I've seen people who are exclusive to yellow letters, but I have also seen people who like to mix it up and use a more cost-effective strategy....
Christopher B.
Should I separate utilities; This means more CapEx right?
I am looking at 2-4 unit multi-family properties, some have separate utilities, and some a mix. The mix is mostly Owner pays water/sewer/trash and gas heat, and tenant pays electric. With the same neighborhoods, the...
Joe San
Starting a Non-Profit/After School Program to fill empty retail?
Has anyone had any experience appealing to local government, or even starting a non profit organization that caters to afterschool/community center, etc.?One of my business partners has a commercial property that he i...
Mark Forest
Fixing walls
We use drywall joint compound paste to fix cracks and holes in drywall and it is taking a lot of time. We have to apply it, let it dry a day, and then fill in more if the tape can be seen, do more sanding, etc. Do...
Tina McDonald
Insurance coverage for a multi family during renovations
What is the recommended insurance coverage for an unoccupied multi family mix use commercial building while undergoing renovations?
Rich Hupper
Proceeds from the sale will be going to an intermediary
forgive my ignorance on the matter, I want to make sure nothing unexpected happens to my buyer.He is about to sign a purchase and sale where the proceeds of the property will go to an intermediary. I was led to believ...
Bill Johnson
Revocable Trust for LLC
Hello,I am in the process of setting up a real estate holding LLC and I wanted to place the holding company (and obviously all of the subsidiary LLCs) into a Revocable Trust to avoid Probate Court in case my untimely...