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3 June 2024 | 13 replies
@Eli Joffe the most general but applicable advice in your situation is to start focusing on high cash-flow properties with low equity growth potential in the beginning in order to have the cash to boot strap.Once you have a few properties under your belt, then start phasing in nicer homes which tend to be lower cash-flow with higher equity growth potentialThe former helps you boot-strap using more labor and the latter helps build wealth more passively and with less tenant struggles.
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31 May 2024 | 16 replies
More and more have moved to Portugal to take advantage of the golden visa and the great lifestyle at an affordable price.
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2 June 2024 | 9 replies
IDKCurrently considering opening a FB business account and posting my rentals as a sponsored listing with an FB allowed link to my property manager's application webpage.
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30 May 2024 | 7 replies
The processing time for a Davidson County, TN Owner-Occupied STR permit application can vary depending on several factors, including the completeness and accuracy of the application, the volume of applications received, and the workload of the permit office.According to the Metro Nashville Planning Department, the average processing time for Owner-Occupied STR permit applications is currently 4-6 weeks.
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2 June 2024 | 6 replies
.- I go to military training on the 7th.I have a good lock on my interest rate and afraid of doing the mortgage application over again due to a slight decrease in my current job pay but will be going up again in a few months and I'll also be house hacking once I own and solely live in the house.
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2 June 2024 | 37 replies
You may stand there with a dripping paint roller in your hand showing an available rental property and at least 30 percent of applicants will ask "can I paint?".
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30 May 2024 | 2 replies
Hello,I was wondering if most of you do an application and a background check?
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4 June 2024 | 221 replies
But, generally speaking, any time the premium is tax deductible in a business application, then the death benefit will be taxable.
31 May 2024 | 6 replies
The townhome is now 25 days on the market, my concern is that I reduced the price significantly and still no rental applications.
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31 May 2024 | 6 replies
I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.