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23 May 2024 | 7 replies
You have a wider selection of homes to choose from and potentially more room for negotiation.
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23 May 2024 | 8 replies
As an investor, you should only make numbers-based purchases.Also, agents are only transaction-based - if they make a mistake (or choose to take advantage of your naivete) they still get their commission check and can disappear:(So, a great PMC is often the best choice to start with, since they obviously know the rental market and they have to deal with whatever they help you buy, on a daily basis after the purchase!
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23 May 2024 | 5 replies
I came across a website - myhousedeals.com - that claims to find wholesale deals for you in the area you choose.
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20 May 2024 | 0 replies
I am choosing to turn my current primary into a rental in TX, and possibly moving to AL.
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22 May 2024 | 4 replies
I would recommend that you first Identify a strategy and make sure that the market you choose that aligns with it then establish your Core 4 Real Estate Team.
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22 May 2024 | 13 replies
Is there a reason you would choose an FHA loan over conventional?
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22 May 2024 | 2 replies
This means identifying your investment goals first, then choosing a market that aligns with that strategy.
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22 May 2024 | 2 replies
LLCs are not needed at this stage if you choose that route but if you choose to close into an LLC, the lender would require it before closing.
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22 May 2024 | 6 replies
Your profile mentions that you are a real estate agent - You want to have a conversation to see if you potentially are eligible to claim real estate professional status which would allow you to treat your rental losses as active instead of passive.Also have a conversation if you are required to make estimated tax payments since there is no withholding on your commissions.Lastly, your profile mentions you are in Florida which does not have a state income tax which opens you up to more options for choosing an accountant.
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22 May 2024 | 11 replies
Identify your investment goals first, then choose a market that aligns with it and establish your Core 4 Real Estate Team.