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26 June 2024 | 17 replies
The other couple: the guy had an eviction, both have bad credit: 500 and 400.The last couple said they guys mom had health issues and he quit his job to help her...
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26 June 2024 | 1 reply
Talk to the local building official and get their take on the building's status.
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27 June 2024 | 37 replies
Beyond that, why would the makeup of their family status matter?
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27 June 2024 | 18 replies
You aim for guests, health workers, students, and travelers.
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25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
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26 June 2024 | 4 replies
The property is a farm that has been in the family for about 80 years and is currently held by a family member of deteriorating health.
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25 June 2024 | 1 reply
I am passionate about real estate investing and I am particularly passionate about commercial, small multifamily, single family houses, apartments, notes, condos, mobile home parks, self storage, wholesaling, development, short-term rentals, flipping, rentals, BRRRR, and house hacking.Outside of real estate, I enjoy helping fix the financial goals towards retirement, help people looking for health Insurance, Life Insurance and annuities.
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26 June 2024 | 32 replies
Also if you're thinking about having a family, be cognizant of the health of it to keep moving for strategy versus peace of mind.
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28 June 2024 | 41 replies
This is great to find this discussion since I too am having trouble getting answers from QI.If I understand the discussion, my wife and I can sell our relinquished property, create an LLC in our names and purchase replacement property if we live in a community property state.However, if we don't (as in our own South Carolina) any multi-member LLC would be seen as a partnership and a separate taxable entity (disqualifying 1031 status).This seems to leave us with buying as ourselves and putting into separate LLC's after 1 to 2 years which not too appealing (mostly due to timing).Is there another option we might consider that either allows going to LLC sooner or immediately?
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27 June 2024 | 41 replies
So a week ago or so they gave me a website to check my balance, status, etc.