
20 August 2024 | 10 replies
Usually not a source of revenue, but the billing comes to the landlord who passes it to the tenants on a pro-rata basis.

19 August 2024 | 3 replies
Currently I have utilities figured out and have met with the city planner and my future plans after annexation follows their vision of the comprehensive plan for that property but he passed me off to the county since I’m not annexed currently and the county wants to pass me back to the city.

20 August 2024 | 28 replies
I believe so... is there codes and requirements to pass and get the permit ?

21 August 2024 | 7 replies
Do not put rental properties in an S Corp.Generally, you should have an S Corp for flips, property management operations, commissions and any other activities that generate ordinary income.Passive investments should be held in pass-through entities like partnerships.I'm not an accountant, but I have clients and personally had to pay taxes to move long-term holds out of S Corps just to change title (e.g. for refinancing).
20 August 2024 | 13 replies
@Beth JulenYes, you can amend (redo) your 2022 taxes but only after you pass two hurdles.1.
21 August 2024 | 182 replies
Every increase in there costs get's passed to YOU.

21 August 2024 | 18 replies
@David ChanceI live in downtown Frederick and invest here too, with rental licensing that just pass in going to be even harder.Lets catch up or have a coffee

19 August 2024 | 4 replies
So many people pass on great deals all of the time because they are scared to fail.

17 August 2024 | 13 replies
this is a toughie. hard money specifically is equity-driven, meaning they'll likely want 40%+ down to even entertain the deal. additionally, land without improvements is often very inexpensive (relative to land with improvements), usually pushing below a threshold which makes sense for a hard money lender. if you're not intending to build right away, then i think you'll have the best luck with private money instead of hard money. usually higher leverages than hard money, and more negotiable terms.if you are intending to build on it pretty right away, a ground-up construction loan could work, but those will typically require some ground-up construction experience (on title on other ground-up deals), or an extensive portfolio of heavy rehabs/ rentals/ strong liquidity. those will give you acquisition monies (to buy the land) and build monies (to build the improvements).

18 August 2024 | 52 replies
Two of the properties on the market for a loooong time, dont show any sold dates on the mls and appear to have been turned into rentals.To be fair not all his houses took that long to sell, but I notice at least one took longer ... quick crunching of his average dom, looks like 180.8 dom for 14 of the properties that he used in his presentation (he says to verify his information look it up on zillow, I noticed he didn't say, look it up on mls and alalyze the data for real.Thought you might find this info entertaining if nothing else.