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14 November 2024 | 10 replies
Maybe you can help the investors you meet with all the miscellaneous tasks involved with investing like picking up rent checks, turning over properties for new tenants, or even just driving by occasionally to make sure their properties are in good condition.I'd also recommend spending a lot of time looking at all the homes you're targeting in your area, both online and in person.
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21 November 2024 | 6 replies
That would be nice, but I suspect that I will somehow be involved in it...?
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20 November 2024 | 31 replies
I think it’s disingenuous for a guru to claim they created a new method that is “revolutionizing” real estate lending, when it’s actually just rebranding something that exists and charging more for it.
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19 November 2024 | 6 replies
These self employed 2nd mtg's are typically based on alternative method of caluclation like profit and loss statements if you're self employed or the last 12 months of bank statement deposits using a formula to derive an income from these deposits (like 50% of all annual rolling 12 calendar month deposits X 50% /12 months = monthly income).
19 November 2024 | 6 replies
If the properties were placed into service in 2022 or before, you may need to file form 3115 (change in accounting method) to factor in the 'updated' depreciation schedule from the cost segregation study.Best of luck
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25 November 2024 | 21 replies
OrhiOrhi,You may wanna read the thread below before taking a Property Management recommendation from Bob.Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
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20 November 2024 | 3 replies
@Abigail KingStarting a first house hack in Peoria, IL involves researching, education, financing options, and management tips.
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18 November 2024 | 12 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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20 November 2024 | 9 replies
DSCR works pretty cohesively with hard money, especially when you use the BRRRR method since it allows you to increase leverage on the back end refi.
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21 November 2024 | 14 replies
It is actually a little more involved than that sounded but you should get the point.