
26 January 2025 | 1 reply
Quote from @Jaikevis Reams: In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do?

29 January 2025 | 4 replies
That makes your bookkeeping easier, and it can also provide liability protection if you hold title in an LLC.

27 January 2025 | 6 replies
My point is certain things are learned with experience and 1) acting as GC once does not provide an opportunity to leverage the experience 2) mistakes can be costly.good luckHi Dan,thank you.

30 January 2025 | 45 replies
I may have to Teak my strategy in light of the excellent advice you provide here, Henry.

25 January 2025 | 18 replies
:We use the cheapest ones that they provide at Lowe's, our handyman installs.

28 January 2025 | 14 replies
So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years.

28 January 2025 | 29 replies
If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

31 January 2025 | 6 replies
In your case, transferring the property from a revocable trust to an LLC where you and your wife are the owners should not affect the 1031 exchange, provided the LLC is a disregarded entity for tax purposes .

29 January 2025 | 1 reply
This way the wider outside lip contacts the entirety of the drywall while the wings are being deployed and tightened in place.Is there a way to pull the already wired, "old work" electrical boxes through the drywall cutouts from the inside out while not making the holes so big that the wider, outside lips of the electrical boxes can't properly provide contact to the drywall so it can be tightened via the screwed wings?

31 January 2025 | 3 replies
The HOA (through the management manager) said OK, please provide a letter stating the door is the only way to make the unit ADA compliant, and I think it will be okay.A week later the developer presents a letter from an architect stating the door is the only way to make the unit compliant.