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15 January 2025 | 5 replies
If the RV is not permanently affixed and retains mobility, it is considered personal property and depreciated over 5 years under the Modified Accelerated Cost Recovery System (MACRS).
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14 January 2025 | 4 replies
They do not want the other person's name on the deed or the mortgage once the dirvorce is finalized.
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17 January 2025 | 19 replies
You have already admitted that you treat each person differently.
13 January 2025 | 41 replies
Also, get all personal info (DOB, SSN) from the seller in case needed when talking to lenders, lienholders, etc.
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13 January 2025 | 1 reply
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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10 February 2025 | 31 replies
Personally I look at that as the easy side of putting value to a BRRR or fix and flips.
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21 January 2025 | 10 replies
To flip right is about a lot more than just renovating and *pow* $-rains down on a person.
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13 January 2025 | 7 replies
If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual.
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14 January 2025 | 2 replies
I put 20% down using personal and private lending.How did you add value to the deal?
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15 January 2025 | 6 replies
I know lots of installers don't do it, and I personally prefer the unimpeded look, but anything installed outside of the requirements of the material is probably going to be limited, i.e. the insurance company is not going to pay you because the material was not installed according to flooring requirements.