The planners shipped at the end of last week and you should be receiving it soon.

In my last post, we talked about how leasing occurred in scatter site single family home rentals in the olden days before Bluetooth and self-showing lockboxes.

My revenue for last year was $1M.

If it is for an owner occupied purchase you could do a bank statement loan, profit and loss loan, or asset based loan.

If you have been more than two payments past due or have been past due by two or more payments in the last 12 months, then the loan casefile is not eligible for delivery to Fannie Mae or Freddie Mac/ conventional loans.

LLC's are really only needed for commercial property, and/or once you hit your 10 property cap with Conventional financing where you can't use that anymore.Lastly, as for capital gains, the only way to avoid them is living in the property for 2 out of the last 5 years.

I currently have one property (sold 2 over the last 3 years) I actively manage but it’s not enough for the 752+ hours annually to qualify.

You can insure for loss of rent on your insurance policy, but there is usually a time or dollar limit on that & we have known of many instances where the work was not completed before the loss of rent coverage ran out. 

Some people say they "would have saved the last year and a half" if they'd had someone to direct them".

Take care of this brush, this is your baby, wash it well and it will last a long time.