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30 October 2024 | 12 replies
In several areas, the shingles need to be secured because they can flip up.
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29 October 2024 | 1 reply
The lowest barrier to entry I've seen for house hacking would be to find areas with grant loans, there are several here in central OH, they are general "majority minority" areas, but many local banks are incentivized to do loans in these areas, so you can often get into a 2-4 unit with no money down, and 15K towards closing costs and rate by down.
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30 October 2024 | 2 replies
So the total amount that should be paid will be rent for remaining days in month + security depositORrent for remaining days in month + next month + deposit - I don't know when would this situation arise.
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29 October 2024 | 2 replies
There is a unique tax deduction in the US called a “conservation easement.”It was designed by the IRS to encourage real estate owners to make pristine land, that could be enjoyed by the public, a conservation ground, and thus un-developable.In return, the landowner could treat the act of granting a “conservation easement” as tax-deductible.
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5 November 2024 | 52 replies
Now granted, so far that is the exception, but if I can use that to keep the leads coming and find a way to use that to get more organic leads here (which I've also had a few) that would be great.
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29 October 2024 | 3 replies
Quote from @Debra Webb: I’m reaching out for some guidance on securing funding for my next real estate venture I don't have any capital to start with.
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1 November 2024 | 6 replies
Also, as you highlighted the tenant base is highly reliable, with strong employment, security clearances etc.
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31 October 2024 | 5 replies
---DSRC loans avoid this issue.4) Can't represent your LLC in court---You'll need to hire an attorney for evictions, Security deposit disputes, etc.If you need a business bank account, you can open one with a DBA, which you can get at the county.
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4 November 2024 | 17 replies
This budget should secure you a closed deal.With that one deal, you’ll have more money to reinvest in marketing and get three more deals.With those three deals, you’ll have enough marketing budget to get seven more deals—all the while, you’re working on SEO so your site ranks #1.With seven deals (let’s say each deal brings in $10K in profit), that’s $70K, plus any leftover budget from previous deals you didn’t spend on marketing.Now, it’s time to think about scaling.
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31 October 2024 | 44 replies
His theory is a paid off mortgage on your primary, $500k in liquid assets, and more than 1 source of income (real estate, social security if of that age, retirement, part time job, etc.).