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13 October 2024 | 4 replies
For example one family wants to repair the roof and the other wants to replace it.
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14 October 2024 | 2 replies
Purchase price: $32,000 Cash invested: $58,354 Sale price: $105,000 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.
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15 October 2024 | 4 replies
Pay off first and add a new mortgage covering both properties?
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15 October 2024 | 2 replies
I’ve talked with yellow letters for mail outs, so that’s covered, but what about cold calling?
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13 October 2024 | 3 replies
There must be a cause for mold growth, and that cause is almost always moisture.Check there are no roof leaks or attic window leaks.
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15 October 2024 | 4 replies
If managed correctly, the rental income should cover your property expenses (like mortgage, insurance, and maintenance) while still leaving you with positive cash flow.
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16 October 2024 | 9 replies
They probably had to come up with money to cover a lien claim or such, resulting in the charge.
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15 October 2024 | 5 replies
Nevertheless, I'll likely need the cash to cover the mortgage and repairs.
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15 October 2024 | 16 replies
In my research, default rates are pretty high amongst 401ks loans. 5) If you leave your employer and want to rollover your remaining balance to an IRA to be able to invest in real estate, known as a self-directed IRA, you have to either A) Payoff the loan first, or B) When you rollover funds, the loan balance will be immediately distributed to you, thus taxes and penalties, and you forfeit all that tax-advantaged money back in the account. 6) 401ks are generally covered under federal ERISA rules, which affords you additional creditor protections, from outside of the 401k judgments.
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14 October 2024 | 2 replies
You treated them as part of your personal finances when you wanted to lay your hands on some money BUT want to think of resulting debt as part of the business and are frustrated that the rents aren't covering that debt.