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22 January 2025 | 8 replies
Depreciation Benefits via Leverage: While you can't claim depreciation personally on IRA-owned real estate, SDIRAs can use non-recourse loans to purchase property.
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17 January 2025 | 3 replies
We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!
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13 January 2025 | 31 replies
While Facebook Marketplace isn't the sketchiest site (craigslist), I personally would never give my ID across it.
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18 January 2025 | 15 replies
I have my own leads (name of decedent, physical address of property, personal representative for the estate, Their physical address.
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17 January 2025 | 35 replies
I know this is an old thread.I'd like to get a more recent opinion of these apps.I think the DFD options is very interesting.What we want to do is endorse one of these for our Real Estate Club in Greenville, SC and have a contest for our members to see who can find the most deals with the software.Maybe try and get a rep from the company we choose to come and speak at one of our in person meeting and also negotiate a longer trial window if possible for our members.
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27 January 2025 | 25 replies
If you're looking for a more landlord-friendly market, I personally recommend Columbus OH.
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17 January 2025 | 7 replies
My team personally has pivoted to more local affordable housing with local and county grants and incentives and we'll leave the more complex LIHTC deals to the big firms.
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14 January 2025 | 2 replies
My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?
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14 January 2025 | 7 replies
Insurance liability, I personally know 2 families that lost their children in home pools.
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19 January 2025 | 10 replies
This process is done immediately if there is an asset they can show....the wrap note that is an asset.One of my coaching clients is selling his personal residence like this after he gets done with his forensic loan audit so that he can downsize.