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21 December 2024 | 7 replies
The downer is that financing through an LLC would mean “commercial loan” which has a high interest rate of nearly 9% in today’s high rate environment.
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30 December 2024 | 7 replies
A buddy of mine once rushed into a deal that promised sky-high cash flow, but the sponsor’s experience was thinner than a shoestring in Times Square.
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21 December 2024 | 6 replies
This is the class of property that I'm referring to when I talk about very high tenant demand and low vacancy.
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23 December 2024 | 13 replies
Do capital gains offset passive losses that the investor has, so someone really isn't paying a high capital gains tax as they thought?
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21 December 2024 | 0 replies
Purchase price: $37,000 Sale price: $65,000 Land deal as is / buy low sale high.
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27 December 2024 | 12 replies
My apartments are in a lower income area, so I don't want it priced too high where it is going to scare them away from applying.
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3 January 2025 | 11 replies
Applicant credit scores should be treated with a high level of care and should not be handed out when they aren't assured that you are locking them up and taking due care with private and sensitive data.So, many places, including the screening company we used for years before moving to a PM, provide a suitability score rather than the actual credit score.
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28 December 2024 | 8 replies
Especially when there was far wealthier people than me spectating my journey, and probably highly successful and well to do people here reading this.
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23 December 2024 | 12 replies
Due to the extreme volatility of crypto and potentially high transaction costs, you need to be careful with harvesting crypto losses.Pick tax-efficient investments.
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23 December 2024 | 15 replies
Quote from @Ana Mills: The high quotes for the electricians will be way cheaper than having your handyman do it and it causing damage, causing a fire, or even worse causing a fire later when someone is living there and that person/persons getting hurt because of the work being done by an unlicensed worker doing the work.