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3 January 2025 | 3 replies
To structure a partnership, consider forming an LLC where you handle property management, renovations, and operations, while the investor provides the down payment.
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12 January 2025 | 28 replies
That was before he had switched out of that room to the larger room.
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31 December 2024 | 5 replies
I would highly recommend doing a renovation loan like the 203k or homestyle - you are able to leverage SO MUCH CASH for such a low down payment.
4 January 2025 | 5 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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21 February 2025 | 250 replies
Latino crews on the track homes , and a mix on custom homes and renovations .
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3 January 2025 | 4 replies
I would say your first year is just for drinking from the fire hose, even if it means taking a larger split and not earning as much commission.
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30 December 2024 | 7 replies
You do a 1031 to a new, larger property with even more depreciation.
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5 January 2025 | 28 replies
I am swamped right now with my rental renovations & furnishings I am finishing up plus I typically work late, so I haven't been able to make it much lately.
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3 January 2025 | 2 replies
In a situation where you were doing an arbitrage (renting it from the owner, then yourself re-renting it to someone else) your costs to renovate/fix it up while you're using it would be able to be capitalized and depreciated by you once your rental was in service (available for rent to others).
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8 January 2025 | 15 replies
Further, the property may qualify for larger loans based on the increased cash flow ability to service debt.