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30 January 2025 | 24 replies
Some good advice above- it really depends on their "need" for the cash.They could always turn it in to an investment property and eventually do a 1031, leaving a legacy for their kids some day.
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24 January 2025 | 12 replies
The court uploads its docket ussually days ahead of when the doc is recorded and uploaded to the clerk/recorders office.PAy attention to what they are charging once you go over your free limit for whatever account you pay for.
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13 January 2025 | 7 replies
But I would not be interested in renting for 14 days or less or at all.For the RV case, the use would be within the USAFor the Boat case, use would be entirely outside the USA.
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19 January 2025 | 7 replies
BTW, I just bought 5 properties in 5 days in 3 states.
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23 January 2025 | 14 replies
Perhaps one of these days I can pick your brain on how you do things in Tampa, and what STRs look like down south.
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16 January 2025 | 13 replies
Also checking it every few days is still important IMO.
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16 January 2025 | 0 replies
Late Payment Penalty: A late payment fee of 5% of the overdue amount will apply if payments are more than 10 days late.3.
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22 January 2025 | 10 replies
.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
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17 January 2025 | 3 replies
Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.
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17 January 2025 | 7 replies
The buyers did a long inspection, multiple days... made a huge request for concessions based on what we knew to be purely made-up issues.