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30 October 2024 | 12 replies
If you do contact her broker, this is what they are going to say if they even do respond because brokers don't care to get involved in anything even though it is their job.When an investor says "she advertised the property as highly profitable" it usually means they just accepted that and are taking no responsibility at all which is silly.
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29 October 2024 | 9 replies
Some preparers may take your word and just say have your logs ready in case of an audit.
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31 October 2024 | 44 replies
If you have 6 digits coming in cash you can definitely spread that around wisely in Ohio using proper leverage, but I would be careful about planning to scale before your feet are even wet.
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29 October 2024 | 10 replies
Here are a couple of SEC 8 specific criteria...1) If their court records or pay stubs show any record of garnishments, be careful because SEC 8 ignore garnishments and the applicant will have trouble paying their portion, just like any other tenant would.2) If you see an outstanding landlord judgment, call the caseworker to ask when the tenant first was accepted into the program.
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1 November 2024 | 17 replies
But I looking at the long game - I want valued tenants that take care of the property and minimize wasting my time.
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28 October 2024 | 12 replies
Your question is a common one, especially for new investors who want the liability protection of an LLC while minimizing the risk of triggering the dreaded "due on sale" clause.
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5 November 2024 | 52 replies
#1, they removed pro/platinum features (calculators is what I care about)
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30 October 2024 | 11 replies
If you're talking about investing in New Construction versus existing houses, and not GC'ing new construction then your lenders won't care about your construction background.
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31 October 2024 | 25 replies
Clinton is nice as well, but be careful, lots of foundation problems there.
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28 October 2024 | 34 replies
They have answered your question pretty well here, but I would just be sure to track your basis very carefully when looking to doing multiple 1031 exchanges with depreciation.