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27 September 2024 | 15 replies
I'm looking into having someone help me do the initial setup while we are still small and then transition to full bookkeeping later on.
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27 September 2024 | 11 replies
@Ray DetwilerMy head hurt just reading your initial post.
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26 September 2024 | 1 reply
I wanted to have the same title company for the entire process and was fortunate to find ETS as they would know from the beginning everything about the exchange and the parties involved and were licensed in both states where the sale and purchase transactions occurred.My initial conversations with Dave still left me with questions but only those that I did not know what to ask having not gotten to the different phases of this entire process.
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24 September 2024 | 13 replies
Everyone's situation is unique and I'd be more than happy to do a strategy session with you and your husband (free - I'll never ask you for money!)
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26 September 2024 | 5 replies
Companies that are required to comply (“reporting companies”) must file their initial reports by the following deadlines:Existing companies: Reporting companies created or registered to do business in the United States before January 1, 2024 must file by January 1, 2025.Newly created or registered companies: Reporting companies created or registered to do business in the United States in 2024 have 90 calendar days to file after receiving actual or public notice that their company’s creation or registration is effective.Beneficial ownership information reporting is not an annual requirement.
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26 September 2024 | 2 replies
Growing My Cash Buyers List: Initially, I relied heavily on a small group of cash buyers, which limited my profits and left me with tougher deals to sell.
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26 September 2024 | 17 replies
While the initial costs are a consideration, the long-term ROI can be favorable if there's sufficient demand in your market.
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30 September 2024 | 25 replies
Don't have to be on the deed even to declare it your homestead.It may be splitting hairs, and I may have been unclear in my initial post, but I believe homestead laws are designed in part to protect non-title holding spouses, so if the new wife moves into her husband's house he cannot sell or mortgage without the wife's consent nor can it be forced to be sold to pay involuntary creditors (as opposed to voluntary creditors such as mtg/DOT lenders).
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22 September 2024 | 2 replies
This weekend I was lucky enough to attend an MFIN - Multi Family Investor Network - conference here in Colorado and see BiggerPockets CEO @Scott Trench share the stage with @Ben Suttles and @Feras Moussa talking about the future of real estate investing, plus a number of other keynote presentations and informative breakout sessions.
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24 September 2024 | 6 replies
I'm currently working on scaling up quickly through purchasing large SFR portfolios and/or apartments, and I'm in preliminary talks with a few sellers willing to carry back a seller 2nd note of 20-30% (i.e. the down payment).I'm looking for a lender that will move forward in financing the initial 70-80%, in 1st position, alongside a seller 2nd of the remaining 20-30%, totaling 100% CLTV.