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16 July 2024 | 7 replies
Fund that flip is smaller, but also less investors, so at least the deals are not funded in just a few seconds.Both platforms suffer from some of the problems that pretty much all of the hard money loan platforms do: not enough volume for someone wanting to maintain a large portfolio, not enough conservative 65% LTV loans, too may loans and judicial only states (where it's extremely expensive and time-consuming if you need to foreclose which can cause losses), and single note risk (i.e not diversified).
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19 July 2024 | 53 replies
I'm in the market to cash out refi a duplex I own in Indiana under my LLC with the hopes to buy a lot more in 2022 so this thread was extremely helpful!
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15 July 2024 | 11 replies
They usually need months of follow-up before they're ready to pull the trigger.4) If you can afford it, online ads can help find motivated sellers, but they're pricey.
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14 July 2024 | 1 reply
I have a very specific tax question regarding the UBIT (Unrelated Business Income Tax) exemption in Solo 401(k)s that is normally triggered by UDFI (Unrelated Debt-Financed Income) in IRAs.
12 July 2024 | 13 replies
2 tenants in this duplex 1 pays on time every month the other one pays like 5 days late for 50% of rent then pays the rest even later if I evict I would have to give a 90 day notice as they have been there for a while...
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17 July 2024 | 32 replies
I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.
15 July 2024 | 5 replies
Any advice or alternative routes I can do to move forward without having to start from 0 somewhere else is extremely appreciated.
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16 July 2024 | 26 replies
But once again this is town specific, there are towns that have some extreme laws that are not landlord friendly.
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15 July 2024 | 3 replies
I wouldn't think they would require a redo for work that is readily visible, but it seems like your inspector is on the extreme end.Try asking for forgiveness first since it is a trivial amount of work with low complexity/skill required.
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15 July 2024 | 5 replies
Getting a contractor can be extremely frustrating especially if you need to make an offer without even looking at the property.