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1 September 2024 | 8 replies
For paint, go to your paint stores (sometimes big box stores do this as well, but usually a paint store) and ask about mistints.
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3 September 2024 | 3 replies
How is it for roller application, does it spatter all over you a lot when painting with a roller?
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3 September 2024 | 11 replies
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.
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2 September 2024 | 10 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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4 September 2024 | 84 replies
My application is electronic, which in itself is a huge screening tool, and it also automatically manages criminal and credit checks.
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3 September 2024 | 0 replies
The best option for you depends on a number of factors including your exit strategy, any liability concerns and preferred tax treatment.Type of EntityTax TreatmentMain AdvantagesC-CorporationDouble TaxationCorporate tax rates are lowerS-CorporationPass-throughSelf-employment tax savingsLimited Liability Company (LLC)Pass-throughLiability protection and flexibilityFuture Outlook and Recent Tax Law ChangesMost recent tax changes applicable to real estate investors include:The increase in the estate tax exemption to $13.61 million per individual for 2024.
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6 September 2024 | 64 replies
@Noah BaconSpeakers already assigned or still open for applications ?
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2 September 2024 | 8 replies
Some terms you may find helpful:Repayment Schedule: Clearly outline the payment schedule (monthly, quarterly, etc.).Balloon Payment: If applicable, specify the amount and due date of any balloon payment.Prepayment Penalty: State if there’s a penalty for paying off the loan early.Default Terms: Clearly define what constitutes a default and the consequences, such as foreclosure procedures.Insurance Requirements: Ensure the buyer maintains property insurance.Maintenance Responsibilities: Clarify that the buyer is responsible for property maintenance and repairs.I hope this helps you out, have a great day!
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2 September 2024 | 24 replies
The landlord would be putting themself at risk by failing to apply consistent approval criteria for their rental applicants, which is what Fair Housing law is all about.
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6 September 2024 | 79 replies
But within their online application they do ask you your credit score 🤔 Haha!