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1 December 2024 | 21 replies
Decide specifically what are your real estate investment goals: property appreciation, cashflow etc.2.
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26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.
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25 November 2024 | 4 replies
Short-term rentals require adherence to specific ordinances, and forming an LLC offers liability protection but incurs California’s annual franchise tax.
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26 November 2024 | 12 replies
In order to tag someone specifically put the @ sign in front of their name.
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6 December 2024 | 51 replies
The difference is, if you don't specifically lay things out, you implicitly agree that the prenuptial agreement is the laws of the state you currently live in (or the future one you live in at the time of divorce).
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26 November 2024 | 9 replies
Milton and Farmington can be excellent choices, too, often with more budget-friendly options and the chance to add value in less saturated areas, might have better cash flow luck here.For lenders and agents, I'd recommend networking with those who have experience specifically in the NH Seacoast markets since these towns can vary in terms of tenant demographics and rental demands.
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26 November 2024 | 6 replies
Hi Matthew,I haven’t heard of those specific banks, but I have heard great things about Advanta IRA as a self-directed IRA custodian.
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25 November 2024 | 4 replies
Of course a lot of depends on the specific market you are in.
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26 November 2024 | 10 replies
You might want to join groups or forums specifically for private lenders—BiggerPockets is obviously a great place, but local REI meetups or masterminds could also help.Also, consider sharing insights or case studies from deals you've done (if you're comfortable) to spark conversations.
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25 November 2024 | 6 replies
Probably TMI there lol, but hope that helps a bit.I am also from NW Chicago suburbs - Elgin, to be specific.