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8 January 2025 | 11 replies
If there's a family member or friend in a similar situation, and you can both align on the initial plan (location, home type, price, usage/occupancy, etc) you can pretty easily get a co-ownership agreement in place and even a joint mortgage.The benefit here is it might open up your ability to buy a larger place in a nicer area which could lead to a faster rate of appreciation and overall better living environment.
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31 December 2024 | 0 replies
LTR Single Family Rental What made you interested in investing in this type of deal?
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19 January 2025 | 61 replies
actually most of the family office type folks I work with have little debt and LOTS of cash to invest... depends on where your assets are ... are they quality assets or subprime assets. it also depends on your make up..
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3 January 2025 | 10 replies
Before you jump into some type of mentorship (that they usually want you to pay for), I would start doing some meetups in your area with local real estate investors.
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4 January 2025 | 5 replies
When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.
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4 January 2025 | 11 replies
This applies regardless of the type of deduction you choose to take for the vehicle.If section 179 doesn't work in your situation, there is bonus depreciation, which allows for a deduction of up to about $20k of the value of the vehicle for 2024.
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8 January 2025 | 10 replies
I have legal background, billing, office and executive assistant type experience, and now many years of marketing experience as well.
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2 January 2025 | 2 replies
If you yourself have invested in this type of business, I would be very interested in networking as well!
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6 January 2025 | 31 replies
Can they be more hands-off compared to other types of businesses?
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7 January 2025 | 12 replies
If you don't know what type of assets you would like, you have to think about your why for real estate.