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11 October 2024 | 8 replies
AND you can know put as little as 5% down on a conventional loan, which is a better loan anyway if you can manage the extra 1.5% down, does NOT have this test for 2,3 or 4 unit buildings.
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14 October 2024 | 8 replies
Normally I have more time to prep before arriving, however I was so busy and had a closing the day before flying to Cancun I wansnt able too chat with everyone about what extra meetups were taking place.
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8 October 2024 | 12 replies
my cleaners do charge extra if there is a pet, as they said extra is involved.
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11 October 2024 | 9 replies
Fine, he said he would refund them the extra day separately.Fast forward, he never did anything.
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11 October 2024 | 10 replies
The implications of taking money from a retirement account(if not Roth) is that the distribution will be considered income and potentially subject to a 10% penalty.In my opinion, real estate investments and securities within a retirement account are used towards your later years.So it doesn't matter whether it is in one bucket or the other.If you are subject to the 10% penalty, I would only take out a distribution if you strongly beleive your return from real estate will be several percentage points higher than what you can invest in with your IRA.For example, if your return within the IRA is about 8% and you can make 10% in real estate, I would consider doing the distribution because the extra return will pay off the penalty over a few years.Best of luck
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9 October 2024 | 13 replies
That way regardless of 2-4 units you can add an ADU for you or as extra rent per month.Most of my customers tend to buy outside of CA but it is possible to buy in Cali if you are going to buy as a primary home.
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11 October 2024 | 13 replies
You have to pay extra for book keeping though, so I made a Baselane account for that which has been nice so far.
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9 October 2024 | 28 replies
I agree with Nathan above that is likely does not need to be done, but as a guest I am usually asking and/or paying extra to have it clean when I arrive.
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11 October 2024 | 56 replies
After about 8 months, I wanted some extra income so I rented out half of my room to my 68 year-old co worker, and separated the room with a curtain....Here is a photo: If I were to go back, I would NOT have done this, but it was a good learning experience.
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9 October 2024 | 2 replies
Instead of acting quickly, he went into the office on Monday to make cold calls, not realizing how important those extra 24 hours could be.By the time he arrived for his appointment on Tuesday, the seller had already signed a contract with another investor on Monday.