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11 December 2024 | 7 replies
So I'm asking, What is the best way to utilize the results they both gave me and narrow it down?
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11 December 2024 | 3 replies
I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?
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12 December 2024 | 6 replies
no rent coming in but expenses were low - just utilities and insurance.
12 December 2024 | 14 replies
So instead of a really cool development with a ton of mature tree's left I lost 80k and could not close..
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9 December 2024 | 38 replies
So it's pretty hard to break 5% utilization.
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13 December 2024 | 7 replies
If a cost segregation study is done in early 2025 can it still be applied to our 2024 taxes to utilize the larger bonus depreciation?
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10 December 2024 | 7 replies
I've always worked for myself and didn't have a ton of support so I was not able to prove my income for quite some time due to doing my taxes wrong or not understanding how things work.
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16 December 2024 | 18 replies
Furnished Finder does make it tricky since you need separate profiles for each room, but platforms like Apartments.com or Airbnb might work better if you're aiming for full-house rentals or structured by-the-room arrangements.If you decide to rent to multiple individuals:Tenant Screening: Screen each tenant thoroughly to ensure they’re reliable and responsible.Clear Communication: Introduce potential tenants to one another Detailed Agreements: Use separate leases for each tenant and specify shared vs. private spaces, utilities, and maintenance responsibilities.House Rules: Create clear, written house rules to prevent misunderstandings.Inventory Tracking: Document everything in the home (furniture, appliances, etc.) to avoid disputes about damage or missing items.Also, market your property with its flexibility in mind—like proximity to hospitals for traveling nurses or universities for graduate students.
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10 December 2024 | 25 replies
There are a ton of people raising for other people's deals.
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15 December 2024 | 10 replies
The EPA is hoping owners will investigate and identify the pipes on their own, report it to their utility provider for tracking, and then the EPA can obtain funding for replacement.