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26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
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20 January 2025 | 6 replies
Most of my CFO clients that are in residential development are looking for IRRs (usually over a minimum 5-year period) in the high teens and the commercial developers are looking in the low to mid 20% range.
22 January 2025 | 14 replies
They legally have to have this document filled out if they pay you more than a certain amount over the period of 12 months.
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1 January 2025 | 32 replies
Also I did inquire on a PO Box with companies do provide a service where they can scan all mail and redirect them.
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10 January 2025 | 6 replies
So before I transfer ownership back and start a seasoning period, I thought I would ask if there were any solutions I am not finding.
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3 February 2025 | 56 replies
I’m most impressed with the fact that you studied real estate and real estate markets for a year before investing; that you scanned the possibilities, chose what you considered the best opportunity, and went all in.
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16 January 2025 | 3 replies
We have made money buying properety based on cash flow (lower priced) rented out for a period, then selling to an owner occupant.
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9 January 2025 | 2 replies
But. that short of a hold period would be suspect by itself if ever audited.
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17 January 2025 | 9 replies
Would you share 3 specific things I should do during my "training period" (if it includes a book, which one)?