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22 October 2024 | 12 replies
Cohosting I have never done - it seems like a term that can mean many things to many people.Generally speaking I see in 2024 arbitrage is for people who want to be involved without actually investing, and cohosting for people who want to be involved but do not want to a PM...
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21 October 2024 | 176 replies
The only thing crashing are the ones not getting involved in this market, a lot of money to be made!
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21 October 2024 | 11 replies
Gino not passive investor per se but I have made a few small bets..
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22 October 2024 | 14 replies
Yes, I think that will be the best bet.
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21 October 2024 | 0 replies
Before I looked at the deal, here's what I asked from him:The purchase and sale agreementRehab breakdown documentation2 HUD statements of previous dealsDeal info (Property profile, funding, security, repayment plan, etc.)Title company involved in the transactionWhat I also asked for was a term sheet from the hard money lender that was lending at first position.
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24 October 2024 | 12 replies
This could lead to significant tax savings, especially if you're actively involved in the management and operations of your properties.Additionally, starting a property management company would allow you to deduct a wide range of business expenses related to managing your properties, such as office supplies, travel, marketing, and payroll (if you hire help).
21 October 2024 | 1 reply
Unfortunately, the perceived excessive costs involved in purchasing real estate can intimidate aspiring residential real estate investors.
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19 October 2024 | 7 replies
Applying for Section 8 housing assistance in Michigan involves several steps.
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23 October 2024 | 19 replies
House hacking involves specific tax strategies like depreciation, expense allocation, and potential rental income reporting, especially since you’re in a different state from the property.You cannot just claim the house.