It is a necessity like food, but nobody ever says buying groceries is throwing money away.

Again, I wouldn't fret over meeting that mark or not; it's a goal, not a necessity, the downside is minimal as far as Tax Liens go (in my experience) and can be covered with hold-back.Great Question and Responses!

The architect may have some recommendations regarding good contractors to use, but ultimately it is the owners responsibility to choose and hire a contractor.It is common to hire an architect for the construction administration of a project (but not a necessity).

The section on delinquency in rent - repossession by ejectment has the following:"If, in any case of a letting covered by this chapter, whether by writing or parol, the stipulated rent, or any part of the same, be due and in arrear for a period of fifteen (15) days, whether demanded or not, the landlord or reversioner wishing to repossess him or herself of the lands, building or parts of buildings let, or recover possession of the same from the tenant, or any person holding under him or her, shall, without the necessity of notice, institute a trespass and action for possession in the district court where the premises are situated, and in this action the court may award a plaintiff judgment for possession and for all rent due plus costs." 

We did receive some inspection guidelines from our loan officer and they basically said to have the necessities like water, heating, electrical, AC, no lead-based paint and no broken windows.

I want to purchase rentals and eventually move to flipping but I figured wholesaling or partnering may be a way to start but generating the leads is going to be the biggest necessity.

I've learned a lot about the necessity of being able to offer a mentor something in return, and whether that's help, or anything of that sort, I'm a willing participant.Furthermore, I'm a very spiritual person.

They wait strategically  till they have enough losses on paper to offset these gains as a way of avoiding the necessity of having to do a "1031."

Afternoon Biggerpockets community.Let me start off by saying, I have big dreams and passion to reach financial freedom- a place where the 8-5 is by choice, not by necessity.

I will also say that I don't think it is a necessity by any means.