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18 February 2025 | 24 replies
Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?
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18 February 2025 | 16 replies
Last month city established a tax incentive district on neighborhood. Â
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29 January 2025 | 7 replies
If you were able to increase the value of the property significantly after the rehab, then you could bring the deal to a community bank  to refinance and take the hard money lender out.You keep all the equity and don’t have to file a partnership return for your annual tax return, which can be costly. Â
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21 January 2025 | 7 replies
Use umbrella insurance as an additional safeguard, especially if you opt not to form an LLC.Avoid S-Corp taxation for rentals, as rental income is passive and not subject to self-employment tax. S
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29 January 2025 | 11 replies
We tried to explain this to VRBO call center reps, but they can't offer anything other than telling us to lower prices to pre-Jan 6 rates.Â
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28 January 2025 | 3 replies
I just started using it and so far the owner info matches up with the county tax info.Â
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1 February 2025 | 6 replies
Most places in Ohio can be profitable rentals... if you can stomach those property taxes!
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29 January 2025 | 24 replies
You'll also need to show stable income for the past two years through W-2s or tax returns.Talk to 3-5 lenders to compare their rates, fees, and terms.
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29 January 2025 | 3 replies
I make around $110k+ per year, live off around $75K, have a mortgage ($1900/mo for rent, escrow, tax), around $40K in equity, and no other debt.Â
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22 January 2025 | 14 replies
In this market, I would not finance a first time flipper at 75% profit split because the profits and success rate is lower than the last dozen years. Â