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26 March 2024 | 27 replies
It happens.So obviously you want him out, but this is a mental health and self defense issue with a tenant component.
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26 March 2024 | 11 replies
Respect their time and be prepared to offer something in return for their guidance and mentorship.Business Plan and Investment Strategy: As an out-of-state investor, it's crucial to thoroughly research a company's track record in the Memphis market and seek feedback from previous investors to ensure they deliver on their promises and align with your needs.Starting an LLC before your first purchase depends on your circumstances and risk tolerance.
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26 March 2024 | 25 replies
This knowledge is essential Assuming you source a good deal (with multiple potential exit strategies), I would then bring in a capital partner to fund the down payment or Property acquisition…and get some sort of sweat equity (depending on your experience and value brought to table) and then invest the $10,000 you do have into the deal itself to add your stake, add some skin to the game and align your interest with your capital partner.
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24 March 2024 | 0 replies
Jude Children's Research Hospital, National Police Association and Make-A-Wish Foundation.As a mom to her daughter, and successful business owner, Christina offers a unique perspective on how to optimize your real estate investment while aligning with your personal valueshttps://christinasuter.comhttps://www.meetup.com/fibi-real-estate-pasadena/events/3000...
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24 March 2024 | 3 replies
However, navigating the existing mortgage and structuring a deal that aligns with your rental income might require some creative solutions.
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25 March 2024 | 10 replies
Even the financing side is pretty straightforward math.Knowing what to look for in your initial tour, knowing how to ballpark renovation costs, knowing if contractors are taking advantage of you in bids are all components that can make or break a deal.Other tips, as noted: get the highest paying job you can out of school and save as much as possible.
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29 March 2024 | 99 replies
Going Direct to the listing agent: If the purchase is low risk, such as a house less than 10 years old in a neighborhood I'm familiar with, and it aligns with an investment strategy I've used multiple times before (like short-term rental, buy and hold, or flipping), then yes, I would consider going direct to the listing agent.
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24 March 2024 | 19 replies
What was the goal for you when you bought the property and how did that goal align with what the turnkey provider told you about it?
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24 March 2024 | 3 replies
The strange thing though, is that the MLS shows the home to be 1,895 sq ft even though the sunroom is heated and cooled, and attached to the house securely, with windows (this sunroom is an amazing add-on and in great alignment with the rest of the home compared to other sunroom mods I’ve seen).
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23 March 2024 | 8 replies
@Kim LeJeuneI have to assume that it was a rental house, as opposed to your personal residence or a flip.Each monthly payment has 3 components: interest - taxable as ordinary incomereturn of your principal - not taxablecapital gain - taxable at various ratesYour down payment has components #2 and #3.Interest should come from an amortization table.