
18 January 2025 | 15 replies
Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.

22 January 2025 | 14 replies
This could allow you to use the full amount for purchasing real estate without needing to sell your stocks outright and incurring significant tax implications.

9 January 2025 | 46 replies
I will assume positive intent here that this is not the experience you intend for your customers.

6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

16 January 2025 | 0 replies
Purchase price: $785,000 Cash invested: $156,000 Short term vacation rental in Panama City Beach.

15 January 2025 | 3 replies
As long as you purchase at least as much as your net sale.

20 January 2025 | 16 replies
Quote from @Yaroslav Shtogun: Hello Community,I am seeking advice on the following real estate situation:I’m in the process of purchasing a double lot property (100x100 in an RS-50 zone) that includes a 1,200 sqft wood-frame house and a 640 sqft detached garage.

20 January 2025 | 2 replies
Why do you think purchase contracts are so long and have such small print?

15 January 2025 | 11 replies
So you wouldn’t get any depreciation on your new purchase assuming you only spent the $450k.

25 January 2025 | 18 replies
.), but the bedrooms are regular keys, as @Jonathan C. mentioned for the front door, the unit is set up to send me an email when the batteries are low. i also have another student rental ( 8 rooms, 2 entry, 2 units + utility room) one master key and each bedroom has its own key that will get students in the entry, there unit, and there own bedroom. had a locksmith do that one. cost me a few hundred dollars with keying and supplying the locks ( 13 total ). i like both setups but may look into the landlord locks again for my 3rd student rental i just purchased.