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2 January 2025 | 36 replies
Set up an LLC in the property’s state for liability protection, and consider a parent LLC if needed.
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19 January 2025 | 46 replies
These initiatives exist in both Italy and Spain but are not meant to compete with developed areas like the Costa del Sol.That said, it’s important to note that I know the Costa del Sol very well, as my parents are from the region.
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25 December 2024 | 60 replies
One report I saw said that something like 80% of the ADUs built were to house parents/children of the homeowner and were not being rented out.
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21 December 2024 | 10 replies
Some lenders do not withhold any retainage.
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3 January 2025 | 26 replies
With a natural in and use owner occupied housing, you could likely end up with 1-2 houses a year (each in a new city).The other option is when your baseball career is over, you will most likely end up back in your home town, so you could start the brrrr process there with maybe your parents checking in on the work the contractors and property managers are doing.Best of luck.
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16 January 2025 | 23 replies
I grew up in RI and my dad is a carpenter in the area (was as my parents recently moved to FL) but that got me into that market with some local presence as I stayed in the Boston area. (4) properties and 14 units later, I still find myself investing in RI as the price point is about half of Boston but the cash flow is similar.
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10 January 2025 | 22 replies
Middle aged people have aging parents, and we can't learn from clowns.
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10 January 2025 | 26 replies
One thing I will say there is a shortage of is properties that accept a pet (single pet, ie 1 dog)You will see a lot of manufactured housing on this corridor, but there are some older homes needing updates since the parent or grandparent had just passed (just toured a great one that sold for $219k in a week (cash) that was massive but my buyer was afraid of the work & it was easy fix and flip)As I mentioned below, I'm very curious to your style-what makes the right deal for you?
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31 December 2024 | 57 replies
The tenant may be setting you up, hoping you don't respond so she has a reason to withhold payment and take YOU to court.
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16 December 2024 | 4 replies
The court forms do not track this type of eviction so based on your sophistication you may spend a considerable amount of time and if you are off in the slightest the court will withhold judgment.