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19 September 2018 | 29 replies
The pump that is used to circulate the hot water through the system is the component that typically needs the most regular maintenance.
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29 September 2018 | 12 replies
But, I see no reason not to take the book with you too, and use it as a guide so you don't forget anything...BP will be releasing the Second Edition of the book in a few months, and I've included a section on "Inspection Tips" for each of the 25 components.
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21 September 2018 | 14 replies
I don’t think that this would be feasible due to the value add or forced appreciation component of the BRRRR strategy through rehab being missing in the standard turnkey model.
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28 October 2018 | 21 replies
The agent.A short sale is pretty much this in a nutshell1) Buyer is in trouble and sends hardship to bank2) Agent does analysis and comes up with price (Which is of course lower than what is owed to bank)3) Bank says, go ahead and put it on the market4) Somebody looks at house and puts in offer5) Seller accepts any offer that comes in because they want out (regardless of how much the bank loses)6) Bank takes weeks/months to pay for their own evaluation, look at how long on the market, run an internal appraisal, look and do a cost benefit analysis on the loan and property7) Bank accepts/counters or denys the offer (provided they decide to do anything at all and not just foreclose on the original borrower and take the house themselves)I have it happen monthly....
28 September 2018 | 1 reply
International students may do not know that and rent around the university.
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24 September 2018 | 8 replies
Buying your own commercial property that has a value-add component is also another good strategy.
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25 September 2018 | 8 replies
Conventional lenders won't / can't lend if there is a seller carried component to a transaction...you'd have to look to private money...or avoid the bank altogether...
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24 September 2018 | 11 replies
I think the best route for this then is to just get my real estate license and work my way up with my properties while working things out with these international buyers, then when I am qualified after 3 years I will shoot for a broker's license.
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20 September 2018 | 4 replies
Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.You can borrow up to $50k from the plan; IRAs do not allow for participant loansThere is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
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10 October 2018 | 45 replies
You can either intern for investors during the summer or spend the time launching your own business with all of the free time.