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11 September 2024 | 20 replies
My approach is to apply for a conversion permit to convert the family to a single family residence, which is conforming.
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10 September 2024 | 0 replies
That was a pivotal moment in my journey, allowing me to achieve better conversions at my appointments and helping me reach 24 deals and over $250k in my second year.
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15 September 2024 | 61 replies
The AC was not included on the lease so before I had this disturbing conversation with tenant he installed 8,000 BTU AC unit that was not enough to keep the place cool.As much as I appreciate your advices I think that getting property manager is taking easy route and I like I mentioned I am pretty new to this and want to learn as much as I can and sometimes it is just not pretty and easy but I still think its worth to managing the property on my own so that if I ever end up getting property manager I know what to expect of them and how to manage them!
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16 September 2024 | 43 replies
your message of slow and steady is clear in the BP money podcast, it was clear in your conversation with Dave Meyer, etc.
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9 September 2024 | 3 replies
Primary you can go as high as 90% CLTV and investment 80% Max LTV but with most DSCR or lenders 75% MAX investment.Best way to map this out or to make sure your taking the right steps with the right property is to have a long conversation with a Seasoned Banker and your realtor.
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12 September 2024 | 21 replies
Then I have an in-person conversation, not a written one.
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9 September 2024 | 2 replies
My plan is to get a 2 family property that is ready, I don't want to do renovations or conversions, minor cosmetic work may be ok.
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9 September 2024 | 7 replies
Depreciation recapture (including your bonus depreciation) doesn’t go away with the conversion to a primary home.
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9 September 2024 | 28 replies
It took me about 10 landlord conversations to find one that was on board with this model.
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10 September 2024 | 11 replies
However, my wife took advantage of an impromptu conversation and it looks like they will stay until January.