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4 January 2025 | 9 replies
Since you're a citizen but you live and work abroad you'd still qualify mostly for second homes occupancy or investor non owner occupancy (primary is hard to claim if your job requires you to be physically next to the office as an example so an underwriter isnt going to readily believe you unless you can get HR to write you a letter to state you're remotely capable of earning this income/job duties anywhere).Hopefully that helps let me know if you have further questions into mortgage planning.
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9 January 2025 | 18 replies
I have actually seen this before and courts usually stick to the rule unless you get dam lucky.
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8 January 2025 | 9 replies
How would you deal with the report from the other tenant and how do you confirm that the smell is actually marijuana.
13 January 2025 | 21 replies
Honestly your approach may be a bit rough around the edges, but actually getting out there and trying to find deals through grit and hard work is the best way to start.
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13 January 2025 | 7 replies
It seems a stretch to pay for the Rig with Section 179.I would have development equipment onboard and dedicate a portion of the space to developmentI could put the companies logo on the side as advertisementGiven this, what tax strategies are actually practical?
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11 January 2025 | 18 replies
I'd venture to guess your tenant is a criminal or drug addict of some sort.There's some truth in your thought but he's actually a really nice hard working young man.
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5 February 2025 | 35 replies
Hey Anthony, I acquire properties local to Phoenix and similar to what others have said on the thread, it's as close to dead as can be.The only time I see it actually work out to the 1% rule is on Section 8 properties, which can be great investment opportunities despite the stigma around them.
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20 January 2025 | 10 replies
That way you can make your own systems and track if someone is actually doing well.
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12 January 2025 | 7 replies
I wasn’t trying to be long winded, with too much detail, in my initial post but I actually did this method on a fix and flip.
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16 January 2025 | 9 replies
You’d be shocked by how little actual screening many PMC’s do!