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3 February 2025 | 14 replies
Hopefully the deposit covers Jan rent, make sure you give them an itemized list of the money owed to you for any damages or unpaid rent.
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25 February 2025 | 18 replies
The other 10% are scammers, or have mental issues, or have perpetual money problems, or are career criminals, or psychopaths, or have massive entitlement issues, lack anger management, or are spousal abusers, or can’t hold a job, or don’t want to work, etc.
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23 January 2025 | 52 replies
I would spend money to enhance and update to current standards the search functionality and person to person tagging so it's easier to find stuff.
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19 February 2025 | 13 replies
Also, a few private lenders or hard money lenders might have some more creative terms for multifamily, especially if you're open to considering that route.
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25 February 2025 | 11 replies
There are pros and cons depending on your goals.Why an LLC Might Be a Good Move• Helps protect your personal assets in case of a lawsuit• Makes it easier to bring in partners in the future• Keeps your real estate finances separate from personal accountsWhy It Might Not Be the Right Move Just Yet• Most traditional lenders will not give a mortgage to an LLC, so you may have to use commercial or DSCR loans, which usually have higher rates• Some people assume an LLC will save them money on taxes, but rental income is still taxed as pass-through income for most investors• There are extra costs like annual filing fees and bookkeepingA lot of new investors get stuck on this decision, but the reality is, you can always start out in your personal name and transfer properties into an LLC later.One more thing I wish someone told me early on is that property management takes more time than you think.
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24 February 2025 | 16 replies
Pittsburgh is a good market to make money in now cash flow wise and has good upside as well if you know what you are doing.
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1 February 2025 | 11 replies
We're spending so much money...this better work feeling."
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27 January 2025 | 18 replies
Look for some of those to go in as an LP (limited partner) and learn and grow your knowledge, skills and investment money so you'll be ready for the next accredited deal.
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24 February 2025 | 20 replies
At that value, you'll make the money back on resale, if not also on the appraisal.
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14 January 2025 | 3 replies
You can also check their reviews online at Google, Facebook, or Yelp.