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Results (10,000+)
AP Horvath What would you do in my shoes?
9 March 2020 | 122 replies
The risk is in several areas: the syndicate itself and the trustworthiness of the constituent parts - it's hard to feel safe parking all of your capital in a project with people you don't have a relationship with, the structure of the deal logistically and legally- whether you're active or passive like @Michael Ealy pointed out there are still risks: Industry Knowledge: You have little knowledge of the industry and so with the best will in the world you'll have to rely on others to guide you unless you wait until you have educated yourself sufficiently to feel good stepping out into such an exposed position right at the beginningGrowth Prediction: With the best market analysis in the world ( believe me I did it for a long time when I was managing a Management Consultant team predicting for M&As with large portfolios) you can still be wrong-footed - a predicted bridge funding falls at the last hurdle, the new Corporate office planned for the huge new park goes under at the year end etc. whilst Real Estate investment always depends on future predictions the quality of the predictions for a large project are crucial and the timing of the project has a large part to play in the returns you can expect- unless you know your way around what truly drives a city /neighbourhood's growth you could be blind - sided by a greedy developer with form but without due and careful diligence.Construction Error: Once ground has broken the risk increases significantly - you can get into negative equity very quickly - if there's a permit mistake, legal loophole, engineering inaccuracy, fire regs many things can cause the building to be torn down - razing a building to the ground costs a lot of money.These are just some of the issues obviously there are many more and having prior experience and knowledge are very important at this scale.Another point I wanted to mention too is that predicting for appreciation is not the same as predicting for an increase in price so be wary of inflated or misleading price predictions - inflation and it's commensurate effect on value can have a house or apartment complex growing in price but not in value - the value of a property is not the same as it's price -remember that the value of the land is separate from the value of the structure on top of it - structure value ALWAYS depreciates from completion whereas land value normally appreciates so if prices are rising it does not necessarily mean that your structure value is increasing.Hope that helps.
Michael Zagorsky Seriously thinking about starting S-Corp or LLC taxed as S-Corp
18 February 2020 | 0 replies
So that brings us to should we S-Corp or Not.In the last we just did the schedule C and moved on.
Patti Robertson Totally Made Up Pay Stubs - Be Careful Out There!
20 February 2020 | 9 replies
In Virginia, our State Corporation Commission website has an entity search feature that allows you to search any entity to see if their registration is current, expired, or non-existant.
Michaela G. Atlanta landlords required to accept section 8 tenants
19 February 2020 | 3 replies
I think a statewide rollout is highly unlikely as the political make up of Atlanta is very different than the rest of this state.
Melanie Johnston The Latest on STR Regulations in Arizona: Change is Close
12 October 2020 | 10 replies
Michelle Ugenti-Rita, R-Scottsdale, eliminated that provision and instead the bill now would prohibit a "corporate entity" from operating a vacation rental in a residential zone unless authorized by a municipality.This provision would limit investment companies that buy up multiple properties to be used as rentals while protecting family rentals.
SaraEllen Hutchison Tenant's guest smoked on property; first Airbnb review 2 stars
20 February 2020 | 4 replies
I responded to the guest's review with a very polite response that I was glad they brought these issues to my attention so that I could take swift remedial action, and regret that I had not known much sooner...yada yada.
Matt Banahan Newbie: Advice on Buy-and-Hold in Florida
28 December 2021 | 55 replies
It's a mile to the SunRail commuter train station, a short drive to two different corporate hubs: Maitland and Lake Mary, even closer to a large regional hospital, and the neighborhood is seeing quite a bit of rehab and development.
Scot Levonaitis Refinancing Help for Begginger
25 February 2020 | 1 reply
I am a financial analyst at a top 5 corporate bank so I have strong analysis skills that I could assist other investors with if needed.
Marisa Alvarez Umbrella ☂ Policies 🥺 (????)
25 February 2020 | 15 replies
I have a Corporation with rentals and a Liability Insurance for it.Then I have an i surance for my car and another for my home and an Umbrella ☂ policy that covers those.
Matt Kelty How to set a rental price?
21 February 2020 | 17 replies
I believe one member on here brought up 'asking neighbors' I would approach that one with caution... some owner's have had their rental listed high for quite awhile (which of-course means they missed the mark and it's too high), other's are listing even higher and are really interested in appealing to one type of tenant (corporate) and yet others have it listed remarkably low because the property may already be a paid-off and they value a bigger applicant pool over keeping up with the market rents - it certainly doesn't hurt to ask but approach with caution.