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27 June 2024 | 4 replies
I would call a Broker you trust and ask them for a referral to a few Title Companies that employ attorneys (not all do, at least not in Maryland).
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25 June 2024 | 4 replies
Brand new to BP other than listening to many podcasts.Self-employed and have been using most extra income to reinvest in my business to grow it.
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25 June 2024 | 35 replies
If they are on welfare, self employed or not working, regardless of their income, I do not rent to them.
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28 June 2024 | 41 replies
I was referring to the attorney that is employed by the 1031 exchange company that handled the exchange.
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28 June 2024 | 21 replies
Rent the other side of the duplex to a person you then employ as a full-time (or part-time) nanny.
25 June 2024 | 4 replies
Quote from @Gabriel Ortega: looking at 75-80% ltv for a heloc, yes all rental income are in schedule e Hey Gabriel, If you are only a W2 earner the bank statement program will not work out, since you must be self-employed to qualify.
25 June 2024 | 4 replies
These markets are very large in NC (comparable and larger than Fayetteville) providing for great economics as well as a more diverse employment base.Doing a renovation is not as intimidating if you have the right team that can provide you comfort with before-and-after's of other projects they've done, plus accurate $s surrounding those projects.
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25 June 2024 | 7 replies
Here’s a detailed breakdown of these two types of markets and the factors that contribute to each:Cash Flow Market, a cash flow market is one where rental income exceeds the expenses of owning the property (mortgage, taxes, insurance, maintenance, and property management), resulting in positive monthly cash flow for the investor.Key Characteristics:High Rental Yields: Properties typically have high rental yields compared to their purchase prices.Stable or Slow Appreciation: Property values increase slowly over time, if at all.Lower Property Prices: Generally, property prices are lower, making it easier to achieve positive cash flow.Higher Rental Demand: Strong demand for rentals due to economic factors, demographics, or local employment conditions.Factors Contributing to Cash Flow Markets:Economic Stability: Stable job markets and steady local economies that support rental demand.Rental Market: High percentage of renters compared to homeowners.Affordability: Affordable property prices relative to rental income.Local Policies: Landlord-friendly laws and regulations.Appreciation Market, an appreciation market is one where property values increase significantly over time, offering substantial capital gains upon sale, but rental yields may be lower, resulting in lower monthly cash flow.Key Characteristics:High Property Value Growth: Significant annual increases in property values.Lower Rental Yields: Rental income may not cover the monthly expenses, leading to lower or even negative cash flow.Higher Property Prices: Generally higher property prices, which can make it harder to achieve positive cash flow.Strong Economic Growth: Rapid economic growth, population influx, and development.Factors Contributing to Appreciation Markets:Economic Boom: Strong local economy with job growth and high-paying industries.Population Growth: Influx of people moving to the area, increasing demand for housing.Infrastructure Development: Significant investments in infrastructure, amenities, and services.Desirability: High quality of life, good schools, and attractive neighborhoods.I hope this information finds you well.
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27 June 2024 | 47 replies
According to online sources, they will be employing between 1,000 to 2,000 employees.
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27 June 2024 | 41 replies
I was also researching on Johnstown, PA and what are the main industries (sources of employment) there and is the population growing or steady etc.