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7 January 2025 | 12 replies
- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)
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9 January 2025 | 5 replies
These are good questions, but keep in mind that a month of obsessive research is still the absolute tip of the iceberg.
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9 January 2025 | 46 replies
Quote from @Jay Hinrichs: Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect July 1 2025Requires:On line application to become a licensed wholesaler ( RE agents exempt from this of course they already have licenses)Name of company and individuals who will be performing these services.Each one needs a full criminal background check and approval prior to receiving the license.300.00 annual fee for the license.Written Disclosures in Bold 10 point.These must be given to Buyer and Sellers prior to entering into a wholesale contract and signed for.Also RE brokers assisting wholesalers need to give these to potential buyers and sellers.
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4 January 2025 | 0 replies
If you are a DST investor with Crew Enterprises a.k.a Versity Investments a.k.a NB Capital with suspended monthly distributions please PM me.
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11 January 2025 | 18 replies
lol, bro, he's been involved in an attempted murder twice in the last 6 months.
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9 January 2025 | 14 replies
My 17-year-old daughter is still in high school, but she saved up $20,000 in 14 months as a waitress in a town of 10,000.
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5 January 2025 | 4 replies
It isn't easy to make things pencil, and I don't see it getting much better over the next 12 months.
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7 January 2025 | 13 replies
Columbus - less monthly cash flow - higher predicted long term appreciationDayton - More monthly cash flow - standard expected appreciation
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12 January 2025 | 11 replies
Hey Daniel, you can use a platform like Avail that will give you all the info you need to know like:-Credit score- criminal record-eviction historyYou will also need to gather their:SSNIDPaystubs and 3 months bank statementsat least 2 past landlord references.If all the above check out, you likely have a great tenant.
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11 January 2025 | 9 replies
I am making it a priority to attend at least one a month to grow my network and learn.