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2 January 2025 | 2 replies
Given your financial constraints and the property's ineligibility for historic tax credits, this approach allows for reinvestment into assets more aligned with retirement account rules.For future real estate investments, you don't need an LLC for tax reasons.
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1 January 2025 | 4 replies
The mechanism would allow the property to be re-deeded to all of the LPs as tenants in common.
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22 December 2024 | 2 replies
Our biggest climate risks in central Texas are typically wind and hail, so anything of concern regarding the roof could get an applicant declined including trees too close to the roof surface, roof over 10 years old, etc.
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30 December 2024 | 11 replies
Travelers, Farmers, Steadily are some who allow this model.
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8 January 2025 | 13 replies
1) We make sure backside funds are confirmed at title before we initiate frontside wire.2) Our agreement that we get the wholesaler to sign essentially would allow us to secure a loan against the property if for whatever reason there was an issue (as never happened).3) We generally insist that both the A-B and the B-C contract are at the same title company.
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4 January 2025 | 14 replies
I'm kinda surprised more people aren't talking about it because it's a fairly transformative law, allowing investors to create ADUs as well.
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9 January 2025 | 8 replies
It was another online system, we use TenantCloud, which platform allows for the creating and signing of leases.
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23 January 2025 | 56 replies
Forewarning: This is going to be long and detailed.How this started:When we were young, we would buy a house that was livable, but in need of rehabbing, move into it (which allowed us to get a low interest residential mortgage), then rehab it, using contractors for what we couldn’t do ourselves.
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31 December 2024 | 3 replies
This also allows for property owners to more easily write-off assets that get damaged/destroyed as the value of these assets is determined as part of the study.
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3 January 2025 | 4 replies
some of my investor friends have mentioned it. they get all there stuff at wholesale prices and it allows them to sell things for a discount.