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17 November 2024 | 0 replies
Investment Info:Single-family residence wholesale investment.
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17 November 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment. 4 bed / 4 bath, 3500 sq ft
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14 November 2024 | 22 replies
You are buying a primary residence so should be able to take advantage of an FHA backed loan.
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17 November 2024 | 9 replies
Will they be prepared to address retirements and disposition?
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21 November 2024 | 39 replies
Some of the simpler asset protection solutions would include the following: having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.
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19 November 2024 | 14 replies
It is a business though so be prepared to work but the ceiling is very high.
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19 November 2024 | 6 replies
If the property is vacant, most lenders will use the rent schedule that the appraiser will prepare as part of the appraisal process.
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16 November 2024 | 6 replies
You may be able to factor in certain improvements to your personal residence so when you do move out, you can be eligible to depreciate it.
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26 November 2024 | 44 replies
I got all sorts of calls, usually some were just curious, some were angry, every month someone called the police, the BBB and one time even the FBI on me, because the term "cash offer"" seemed suspicious to them - drug money LOL A place officer called me on behalf of a resident asking me to stop mailing them, to which I replied: sure whats their address and he said: he would not give me that information..
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12 November 2024 | 2 replies
The tenant isn't "happy" about the construction but understands that it's my property to do as I wish.Has anyone had experience with performing construction on a property that a tenant resides in?