Carolyn McBride
STR Tax Loophole/Strategy So Close to the End of the Year?
29 October 2024 | 9 replies
No more than 14 personal use days.
Doug Smith
FEMA 50% Rule
25 October 2024 | 1 reply
In other words, let's say you buy a property where the total value is $200,000 and, of that, the structure value is $80,000 and the dirt is $120K, then you are only allowed to rehab the property for no more than $40,000 (50% of the $80K).
David Taylor
Wholesale or Bust
25 October 2024 | 10 replies
Wholesaling is NOT investing.Wholesaling is a business.Wholesaling requires you to continuelly get new leads, sell contracts to buyers, repeat.Once you stop getting leads or finding buyers, there is no more money coming in.Sure, you can get food and automate certain things but it is a business.In my opinion, you should look at what you do in your profession and see if you can moonlight some hours to make more money that will go towards the downpayment.Best of luck
Tom Brooks
Have come across Justin Wilmot Lead Partner University - can't find any reviews...
27 October 2024 | 24 replies
Like I said earlier, I never even attempted to get a refund from this waste of time (luckily I was weary about it from the beginning so I gave it no more than a month of my time once the lies and BS became very obvious) because I know that it would have been more trouble than it was worth.
Elizabeth Rose
HELP - the appraisal company gave me a super low-ball appraisal
23 October 2024 | 27 replies
But the increases have been no more than $5-10,000.2) Convince the bank to get new appraisals.
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
Buy under 150k, rehab no more than 70k, the exit around 300k.
Account Closed
What Is the 70% Rule in House Flipping?
21 October 2024 | 4 replies
If your purchase price (always the largest expense) plus the rehab estimate (the second largest) total no more than 70% of the ARV, the remaining 30% must cover your HML charges, agent commission, property and hazard insurance, property taxes, title insurance, escrow, staging, all else, and your profit.
Chris Piper
Wholesaling 101: How to Wholesale for Beginners
27 October 2024 | 74 replies
If someone INSISTS they want earnest money, I would try to keep it no more than $100.
Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
No more coaching people when their contracts are so bad Title won't take them, etc.
Jason Frink
Turnkey properties investing for my family.
21 October 2024 | 28 replies
No more investors in Toledo please.We have had enough haha 😁