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26 January 2025 | 30 replies
I don't know what they tell you in CA but here in NY we are suppose to reject any sort of income during the time of the eviction.
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16 January 2025 | 23 replies
If they were married, I'd think it would be more of a conversation about their future, but I can understand that if you are only with someone for 1-2 years they might not be willing to pack everything up and follow you on your real estate journey right away.Any thoughts or ideas to help us sort through the weeds on how to go about finding a house hack with these constraints?
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17 January 2025 | 22 replies
Then you'll need to find a high-quality contractor who can ensure your rehab is done properly.I recommend doing BRRRRs in cities that have some sort of mix between appreciation and cash-flow!
13 January 2025 | 41 replies
Removed and come back, or of the sort.
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16 January 2025 | 31 replies
@Bhushan Shinkre I was speaking about fraud against your tenant sort of like passing bad checks, but I don't know if you can do that.
3 January 2025 | 10 replies
IF that is the case full stop - yes you are paying for something called insurance but if you have a claim the company has the right to pretty much deny coverage for having the wrong type of policy.Landlord policies are higher cost but for a reason - there is a different and increased level of risk when the house is not owner occupied.Talk with your agent and get all the details sorted out.
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25 January 2025 | 155 replies
My advice is if you cant easily afford it and you have to put it on a CC.. rethink that.. networking is great but there are all sorts of meetups and REIA clubs that are basically free that have speakers come in and talk on all these subjects.
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27 December 2024 | 21 replies
Forgive me if im being a bit forward: would you be willing to give some sort of tips/guidance of the process ypu went through from start to finish?
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30 December 2024 | 6 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.
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2 January 2025 | 10 replies
Make sure they send you a copy of the police report so you can follow up with the tenant causing the issues and send them some sort of warning in writing.