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10 January 2025 | 16 replies
Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.
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11 January 2025 | 14 replies
Property Managers:While realtors are great at buying and selling homes, most aren’t trained in the intricacies of tenant screening.
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14 January 2025 | 19 replies
I did buy a website which was expensive and produced nothing, still trying to decide what to do with that sunk cost.
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12 January 2025 | 5 replies
As stated, currently building captial and hoping to buy an investment property (whether it be more likely a fix/flip, or a rental), within the next year.
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15 January 2025 | 11 replies
Even so, most people choose to buy coverage for things even if there's a 99% chance they won't need it.
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8 January 2025 | 6 replies
I need to update my deal profile but I moved here 2020 first buying a house hack and then slowly buying one rental a year until the last year and a half.
14 January 2025 | 7 replies
Now a-lot of times you buy a home from someone with seller financing and they hold the note for 6 months to season it and then sell the note to another investor or a firm and then it will most likely show up on your credit because these are more sophisticated investors.In regards to the benefits of owner financing you won't have to pay closing costs to a bank.
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11 January 2025 | 19 replies
Are you buying amazing deals or are they closer to market value?
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7 January 2025 | 2 replies
Don't buy those types of homes, they will take a long time and not sell for what you were thinking it would sell for!
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14 January 2025 | 37 replies
I am guessing they probably raised $15-25M from investors for the deal, so while the bank would still be covered investors would appear to collect maybe 10-20 cents on the dollar if they were to liquidate.if that's the case then I don't see buying one year really does anything unless I am missing something ?