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1 February 2025 | 13 replies
GC's get paid off of the work, not a flat rate... but in your experience, would you say that window of rate is generally 10%-20% project depending, or more towards 15%-30%?
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21 January 2025 | 8 replies
Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?
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4 February 2025 | 9 replies
It's running a business NOT renting a house.
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5 February 2025 | 9 replies
This was probably a result of the busy November for new contracts.
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5 February 2025 | 15 replies
Business is about relationships; with the right relationships, you'll have much of what you need to get out of the starting gate.
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22 January 2025 | 12 replies
These are business purpose loans so there isn't any sort of red tape when purchasing multiple properties at once or one after another.
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13 January 2025 | 7 replies
As always with accountants, it depends.
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31 January 2025 | 17 replies
Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.
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6 February 2025 | 8 replies
For multifamily properties, this is often around 40-50%, but it can vary depending on the property's condition, location, and age.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.
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18 January 2025 | 5 replies
Depending on the situation, a taxpayer could offset some of the passive losses with active income.