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18 October 2024 | 12 replies
I used to work in consulting for the robotic division at DHL Supply Chain.
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19 October 2024 | 5 replies
My plan is to read about 10 books on the subject and engage with others in the real estate community over the next six months, all while working on building a strong credit score to secure my first loan.In the meantime, I’d love to hear your advice!
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17 October 2024 | 12 replies
The PM is still responsible for giving you any monies owed from rent and/or security deposits.
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17 October 2024 | 14 replies
Costs went up and revenues dipped or were stagnant due to increased supply.
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17 October 2024 | 23 replies
DSCR Loans only available when property is fully finished and turnkey, however you might want to look into a lender that offers ground-up construction loans and DSCR.Also - be careful around the modular home / quick property types since these mortgage loans typically have to be secured by foundational real estate, so anything that can be moved or not fully foundational is probably a no-go (can't foreclose/protect the investment as a lender)
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18 October 2024 | 5 replies
We work transaction-based deals with a commercial portfolio loan secured against our assets.
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17 October 2024 | 9 replies
It is properly called ordinary business income and is taxed at the same rate as your W2 income, PLUS 15% self-employment tax which is Social Security + Medicare.
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16 October 2024 | 4 replies
@Chris SeveneyThe long-shot play I became aware of; Capital Improvement Project Funding that the city/county have allocated for projects that meet 2 criteria.Have a lifetime greater than 10 yearsCost more than $50,000I believe, even if the water and refuse collection run is only 1000 ft, that may not qualify but to do it "right", that two mile run would allow the entire subdivision to be supplied with services.
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18 October 2024 | 7 replies
He moved in March 14, 2023 so this will be his first payment after initial rent and security deposit were paid by cashier's check.Thanks in advance!
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11 October 2024 | 2 replies
Hello, we had a tenant move out recently and are working to get the security deposit refunded within the 14-day window as stipulated by AZ state law.