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28 June 2024 | 5 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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26 June 2024 | 3 replies
Combined with the price I paid through the auction, they are much higher than market valueproperty 1: paid 100k, owe 170k.
28 June 2024 | 10 replies
The strategy shouldn't be either umbrella insurance or an LLC it should be a combination of both at the most cost-effective price.
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27 June 2024 | 4 replies
I have 50+ rental houses and a handful of office buildings and MF so I'm almost where I could pull it off by myself but I still think we could have more "pull" with a larger combined portfolio and shared resources..
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26 June 2024 | 11 replies
Not saying you are wrong, but the metrics have a local element.
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28 June 2024 | 46 replies
@Rich Hill, for situations such as your's, I generally offer two years of taxes and no interest on a best price offer.You can combine multiple properties in one quiet title lawsuit as long as they had the same prior owner.Thanks for buying the book!
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28 June 2024 | 100 replies
Add the pref to the debt and you have 95% combined senior capital in front of the investor's common equity.
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27 June 2024 | 6 replies
Hi Alexander, On a full documentation loan, lenders will allow up to a 95% combined loan to value on a primary residence assuming income is strong enough to support your debt to income ratio and reserve requirements are met.
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26 June 2024 | 9 replies
Although AB-968 doesn’t specifically mention “licensed” contractors, the state of California already stipulates that “anyone who contracts to perform work that is valued at $500 or more in combined labor and materials costs must hold a current, valid license from CSLB” (source: CSLB).With AB-968, if work is performed by an (un)licensed contractor in an amount that exceeds $500, disclosing that entity’s or individual’s name and contact information becomes a legal requirement.
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26 June 2024 | 32 replies
My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate.