
19 June 2024 | 0 replies
Combined, the Fed and Congress (with 2 Presidents) busted out the printing press and went HAM. $10 Trillion later, inflation took off like starship.

19 June 2024 | 14 replies
Because of material participation I can deduct that $350k vs other income.Using combined federal and state tax rate of 40% x $350k = $140k in immediate tax savings.

20 June 2024 | 23 replies
All adults who wish to live there must apply and pay app fees (it makes us money, but there is a cost to run background/credit checks too, so I would at least charge something, it also means the person applying is more serious)3x rent combined verifiable income of applicants.

17 June 2024 | 6 replies
Greenville has a little better population growth and is about 90K people, roughly the size of Rocky Mount and Wilson combined.

17 June 2024 | 13 replies
I'd rather talk to 5 motivated sellers per week than 100 unmotivated sellers.I have a 30-day marketing plan for active foreclosures that includes a combination of personalized letters, text messaging and door knocking and I attempt to make contact with the homeowner up until 24 hours before their auction date.

17 June 2024 | 3 replies
As Dave mentioned, a cost segregation study combined with a 1031 exchange could be a good route for you.

16 June 2024 | 1 reply
I have personally not worked on any of these but it does not seem to be anything too crazy.It's an FHA Loan that can be combined with other FHA products like a 203k.I am a Loan Officer for "Correspondent Lender" so I can operate under the rules of over 100 lenders...I would be able to place this in a few hours with 1 email...We would just have to make sure all the boxes are checked...Energy Efficient Improvements Must Be Cost-EffectiveThe financed portion of an Energy Package must be cost-effective.

17 June 2024 | 16 replies
After 4 months they give you the opportunity to open a secured credit cardAnother is called "Kikoff": These guys will report a $500 Limit Credit Line for less than 5 bucks a month.These modern services are a great place to start, they will never report late payments, won't get you into debt and build your credit score every bit as much as credit cards.After you 3 - 5 of these open for 90 days THEN apply for credit cards, you will get much better approvals, higher limits, lower rates, more rewards etc...Mortgage lenders will also be looking at how long those accounts have been open.

16 June 2024 | 16 replies
The buyer definitely owns the property, otherwise it is not owner financing, it is some sort of lease or option or a combination of the two.

17 June 2024 | 15 replies
If you bought 5 properties with $300,0000, they all need to be throwing off a total combine of 20% return to get that $5,000 (as the example above shows), to get that expense coverage for your ability to leave your job.