
13 August 2024 | 2 replies
Just make sure you keep enough cash reserves on hand to cover unexpected costs or market downturns.Given the complexity of your plan, especially with the involvement of an LLC and potential rental income, it might be wise to consult with a tax professional.

12 August 2024 | 37 replies
Additionally, he mentioned that a lawyer would be involved in the transaction, which provides some reassurance.

13 August 2024 | 97 replies
However as a wholesaler, there are those of us who take pride in providing a well balanced deal where all parties involved are happy.

13 August 2024 | 9 replies
Provided, however, where the tenancy involves only the rental of a space for a manufactured home as defined in G.S.143‑143.9(6), a notice to quit must be given at least 60 days before the end of the current rental period, regardless of the term of the tenancy. (1868‑9, c. 156, s. 9; Code, s. 1750; 1891, c. 227; Rev., s. 1984; C.S., s. 2354; 1985, c. 541; 2005‑291, s. 1.)

13 August 2024 | 15 replies
I'd also get involved with some of the local REI meet ups.

14 August 2024 | 42 replies
Banks and institutional servicers are not usually willing to get involved and assist customers and stick to the servicing agreement to the letter to avoid liabilities, and that makes good business sence, but we adminstered deals that were underwritten and failure was not an option!

14 August 2024 | 63 replies
The way the program works is you put a minimum of 10,000$ down to prove that you are just as involved in this as Peter and his team are.

15 August 2024 | 86 replies
To be fair, in addition to buying all those houses over the last 3 years I also dealt with an eviction, $47.4K in capital expenses, insurance claims, building teams in my local markets, and all the other nonsense involved in this lovely industry.Anyway, I finally got around to putting together a complete general ledger and had the horrible realization that over the last two years (bank and credit card record limitation make it harder to go back farther)…….. between 2022 and 2023 I have been $17.5K cash flow negative on $171K expected rent !!!!!

12 August 2024 | 1 reply
If we believe the pricing reflects effort involved, STR pm is 3x more work than LTR PM.- it is important that some of the furnishings are quality including common area seating and mattresses.

17 August 2024 | 56 replies
If you really wanted to help people you would have been involved in other posts with advice.