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30 August 2024 | 29 replies
Depending on how everything is set up, what you consider a max for retirement account contributions may only be the 20k limit whereas you can go up to ~$70k in total with other methods.
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29 August 2024 | 7 replies
.- If still skeptical, ask for personal references from employers, community leaders, or other respected individuals who can vouch for their character and reliability.By using these methods, you can make a more informed decision about renting to this couple, giving them a fair evaluation while also protecting your interests as a landlord.
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29 August 2024 | 14 replies
If that's the case, it may be simpler to just talk with the syndication sponsors to see if they'd make an exception for you.In general, mixing money across your natural financial boundaries has some risk, so creating partnerships like the one you describe should not be done without due consideration.
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29 August 2024 | 9 replies
If not, agree they need to pay you with a different more verifiable method or you start the eviction process.I have had so many tenants with no bank accounts.
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28 August 2024 | 8 replies
The BRRRR method is definitely NOT the most comfortable way to get started, but it's so worth it and you learn so much along the way.
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29 August 2024 | 5 replies
The strategy you described makes perfect sense, especially given the relationship-driven nature of the commercial industry.I appreciate you taking the time to go into detail about why this approach works so well.
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29 August 2024 | 6 replies
Might want to also confirm community property nature of the underlying asset.
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31 August 2024 | 22 replies
It's not the ideal living condition, but it's a proven method of investing when real estate is unaffordable.
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30 August 2024 | 9 replies
I'd say based on the information you provided, in addition to Steve clarifying the caveat emptor nature of Colorado, you would have zero luck in pursuing from my experience.
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30 August 2024 | 8 replies
-Sauna-Hot Tub-Patio/courtyard (large cement tiles on crushed bluestone with lighting, natural gas line to bbq)-Secondary patio off primary suite-Losing sq feet in the primary bedroom to enlarge the bathroom-High grade cabinets-Appliances with cabinet fronts-High end appliances (Viking/Miele instead of GE Cafe)-Outdoor shower (teak box walls with a dry well beneath the footprint)-Wiring for Cat6 to every room-Wiring for surround speakers (or including the speakers that are built into the walls)-Sonos whole-home audio system-Hardwired cameras (with on-site storage) to the exterior of the house-Smart features: thermostats are a given, but how about light fixtures, switches, aromatherapy, fans ... anything else?