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30 September 2024 | 26 replies
I was lucky enough to get assigned to a mentor that is very active with his Associate Franchises and successful using the system.
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25 September 2024 | 7 replies
When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.
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26 September 2024 | 10 replies
It’s best to consult a tax professional to confirm the specifics of these deductions.Also, paying fair market value for the home is crucial for documentation and avoiding any potential disputes with siblings.
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27 September 2024 | 47 replies
So, first question is do they want to be active or passive?
24 September 2024 | 5 replies
Having the right PM is crucial.
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24 September 2024 | 0 replies
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $120,000
Cash invested: $25,000
Our latest Flip, this was a pre- foreclosure lead.
How did you find th...
28 September 2024 | 19 replies
He just turned 68 and is ready to be done in an active role as a self-managed landlord for all of his properties.
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24 September 2024 | 14 replies
Your financial activities are essentially outsourced to another institution, which may have its own policies and vulnerabilities.What Can You Do?
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28 September 2024 | 11 replies
Our signature program is called HOW TO IMMIGRATE THROUGH REAL ESTATE and we specialize in working with Cdn investors seeking visas connected to their U.S. real estate investing activities!
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24 September 2024 | 11 replies
If you use this setup you will be turning passive rental income into active income which means you will pay higher taxes.