There are many don’ts to avoid when investing in real estate. Some of these don’ts may become the cause of a real estate investment failure. The two don’ts that have the highest probability for causing investment failure are: (1) Don’t buy real estate that has a negative cash flow. (2) Don’t leverage your real estate […]

From an investment viewpoint, the question has no standing. Timing plays no (zero) role for determining the use of a 1031 exchange. A 1031 exchange is a conduit (with certain requirements that must be followed) between the sale and purchase of like property. Section 1031 of the Internal Revenue Code, 26 U.S.C. § 1031 provides […]

There are actually two types of NOI:

There is the traditional NOI which determines the tax status of an income property. The definition is as follows: Income after deducting for operating expenses but before deducting for income taxes and interest. It includes all one-time, non-recurring expenses, depreciation, and any other bookkeeping entries. Because these entries don’t […]

Your options are: (1) Sign the loan documents as they currently exist. (2) Sign the loan documents as they currently exist under protest. (3) Don’t sign the loan documents and demand loan documents whose terms honor your commitment letter.
All of these choices should be reviewed with a real estate attorney. If you choose numbers 2 […]