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8 February 2025 | 7 replies
Is RentRedi as easy to use as Avail for posting the listing and managing the listing?
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11 February 2025 | 5 replies
Hello Solomon,A few tips I have for you would be to first; Analyze Deals Properly – Use the 1% rule (monthly rent ≥ 1% of purchase price) and calculate cap rate, cash flow, and ROI before buying.
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11 February 2025 | 3 replies
Like all good attorneys, I'll incessantly remind everyone that nothing I'm saying is comprehensive legal advice and will always recommend that you engage an attorney before you do anything--that's just the rule of the road for us.
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21 January 2025 | 6 replies
This has got to be easy street buying tax liens and deeds.VIRTUAL wholesaling, VIRTUAL tax lien investing, VIRTUAL auction bidding…..REAL BANKRUPTCY!
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3 February 2025 | 8 replies
ADU zone expansion is not certain, and even then who knows what the rules will be (owner-occupied requirement, etc).
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8 February 2025 | 7 replies
Get something durable in a color that does not stain easy and a material that can be scotchguarded and you will be good for several years.
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5 February 2025 | 17 replies
got out of flipping to new construction in our market in columbus ohio. licensed general contractor. when interest rates got high single family existing went down by 30% new builds sold at a 6% increase that year which demonstrated the desire and premium that new construction commands. never looking back. total control, rinse and repeat. we can get permits in 28 days. we can buy land cash in 21 days. we can build in 120 days to 140 days and keep moving. super scalable and easy and no risk. we build the same 2-3 Floorplans
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29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
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30 January 2025 | 10 replies
You can use some easy number in Chat GPT to help you figure out what you need.
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31 January 2025 | 11 replies
Hey @Mike Nelson, never assume anything about STR rules and regs.Here is the STR rules for Oak Park - https://codelibrary.amlegal.com/codes/oakparkil/latest/oakpa...I would call the city and make sure it is legal for a specific property.Now regarding the famous person angle, sure it can add value to the property or as a STR, but for STR use, I would think you would need it to be in original condition with a lot of the furniture and knick-knacks that were owned by the famous person along with a bunch of photos etc featuring the famous person.If you buy a place that has been totally redone but was owned by someone famous but has no features or things that were theirs, then I don't see it being a draw.