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14 January 2025 | 8 replies
When I pointed that out, they suggested I instead setup my credit card as a vendor, and enter each charge as a bill, which would then fix the assets and liabilities issue.
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26 January 2025 | 2 replies
An owner can challenge the number of hours their PMC bills them for a project though.2) Contracting every job out, but the bids aren't shared and owner just gets a bill on PMC letterhead covering labor & materials, with little detail.This is a pretty difficult situation to understand the charges, so you can monitor them. - The smaller the job, the easier to understand using the material & labor steps above.- Larger jobs may require requests for more detail, so the above steps can be applied.Be sure to check your management contract for what you agreed to.
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17 January 2025 | 6 replies
Not every real estate agent is an investor, and not every agent focuses on 1-4 unit properties, let alone has the ability to purchase them.
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27 January 2025 | 4 replies
If someone made $50K assigning my elderly parents or grandparents home to an investor in a subject-to deal, and that investor ruined their credit by not making payments, I would do everything in my power to go after that investor, AND the wholesaler, and I would make both their lives a living hell to the best of my abilities.
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9 January 2025 | 4 replies
If we rent to own, they are OK, but we cant refinance because we don't have the deed.Are there any unique scenarios to help us get the property for little money out of pocket, we have the ability to have the deed and refinance, and the sellers are able to 1031 at their leisure?
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15 January 2025 | 5 replies
It seems you and your husband have the ability to make a property more desirable and I would try to stay local for the same reasons you listed.
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19 January 2025 | 17 replies
You have he ability to connect multiple accounts if you would like to setup different properties like this.
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21 January 2025 | 14 replies
Your strategy takes advantage of your employment cash flow and ability to control discretionary spending.
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14 January 2025 | 5 replies
@Chris Ke With $200K for a down payment and the ability to invest full-time, consider starting with a 4-plex or multiple single-family homes (SFHs) within a 5-hour drive of Los Angeles in areas like San Bernardino or Riverside.
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28 January 2025 | 11 replies
However, this could limit your ability to complete a future 1031 exchange with that property.