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10 November 2024 | 1 reply
The goal here would to help educate and avoid potential pitfalls before wiring $50,000, $100,000 or even more.We would have educational modules, regular meetings and ZERO solicitation.
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9 November 2024 | 1 reply
So many people get what you are dealing with.How you invest the distributions are really a personal risk vs. reward and risk tolerance point of view for you and your family.
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11 November 2024 | 6 replies
If your concern is liability, what I did was get an umbrella insurance policy on the properties I house hacked under my name.
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12 November 2024 | 11 replies
Each one has its pros and cons, so find what fits best with your goals and risk tolerance - this is the most important.
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11 November 2024 | 8 replies
Here's why I waited:Visa Uncertainty: With a temporary visa like an F1 CPT or even an H1B, there’s always a chance that, due to lottery outcomes or policy changes, the path to a green card could be delayed or not happen at all.
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11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.
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9 November 2024 | 5 replies
Here’s a tip: Lowes usually has zero-interest financing sales 2 or 3 times per year.
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11 November 2024 | 4 replies
And my current DTI is basically zero as I have no outstanding debt or living expenses right now.
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12 November 2024 | 18 replies
And had "only" 40% equity stake, partners with the other 60%, but via doing value-add each is at or near infinite rate of return (ie zero or near 0 capital into it personally).
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11 November 2024 | 12 replies
I agree with the no carpet and Reynolds policy.