
9 January 2025 | 3 replies
I'm trying to keep it simple this year and concentrating on my "one thing" making good old Garry proud.

20 January 2025 | 10 replies
When it comes to analyzing properties, I’ve developed a specific checklist to make sure the home fits both resident needs and operational goals:Square Footage: Ideally, at least 2,000 sq. ft. to ensure enough living space for residents and staff.No Stairs or Pools: It reduces liability and keeps the home accessible for everyone (this is just my preference).Corner Lots: I love corner lots because they often provide extra parking and outdoor space—both of which are critical for families and visitors.

12 January 2025 | 2 replies
I have 2 options:- finance the construction pre-selling the apt, and take my profits (expected to be around 700K pre-tax); or- finance the construction with a 6-7%/year loan (collateral = my house), keep the 10 units, and once the building is completed in 24 months, rent them for circa 180K/ year gross.

10 January 2025 | 28 replies
Thats your bonafides to being able to do future deals.As mentioned above, keep your credit perfect.

13 January 2025 | 8 replies
Good luck and keep moving forward!

14 January 2025 | 1 reply
Thanks your agreement should allow you to keep the deposit.

15 January 2025 | 7 replies
The inspections have become so nitpicky over purely cosmetic items there has to be an extra $1-2k per year to keep up with the punch list every 1-2 years.

16 January 2025 | 6 replies
There are the asset backed (DAI, EOSDT) as examples, but while they generally keep their peg (flux of a few cents), there's also the issue with Terra-Luna, and how it lost it's peg.

9 January 2025 | 6 replies
In Texas we can go inactive, so no Broker, no selling, no MLS access, but you still have to keep up your education CE hours and such.

16 January 2025 | 12 replies
Each has their own tax implications.There are some alternative methods of calculating how much of the distribution and therefore the interest expense falls under this category, but the bottom line is that it is very important to keep track of.