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25 February 2025 | 0 replies
And that's before factoring in competition from seasoned investors who often have the cash reserves to avoid these costs entirely—allowing them to outbid you and still make a solid profit.If you don’t have significant cash reserves or can’t find a true off-market diamond in the rough, I wouldn’t recommend flipping as your first real estate strategy in Boston.
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22 February 2025 | 2 replies
If I understand the Act correctly, the regulation allow one spouse transfer loans to another spouse keeping the existing terms without the regular qualifying requirements.
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25 February 2025 | 21 replies
Quote from @Ify (Bobby) Anizoba: There are various applications that allow landlords to collect rent, manage payments, and disburse funds.
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25 February 2025 | 0 replies
Current residence allowing me to live rent free.
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21 February 2025 | 9 replies
Quote from @Sheree Smith: Try Traveling Nurses, Traveling doctors or and traveling medical profession website and they actually allow you to post your property.
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11 February 2025 | 7 replies
Single ADU on duplex or triplex is allowed for non-commercial f/f.
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26 February 2025 | 3 replies
We only allow 2 pet dogs.For ESA we use PetScreening.com and require any letter abide by AB468 and the medical provider that supplies the letter must state that they are aware of the requirements of AB468 and the consequences for providing ESA letters solely for a fee.We also charge an application fee.
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8 February 2025 | 10 replies
Do you get a benefit for allowing the tenant to have the dog, such as a pet fee?
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13 February 2025 | 2 replies
I like VAs for writing a bunch of offers - I am having my VA do offers, emailing lists, and texting lists if I can find a good text system where its allowed lol.
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27 February 2025 | 0 replies
Our primary goal is to retain as much equity in our properties as possible while leveraging outside capital to scale faster.Proposed Investment Structure:Investors contribute 30% of the purchase price and 30% of furnishing/rehab costs.Our LLC secures a new purchase loan in its name only, taking on 100% of the debt.This structure allows us to maintain 70% ownership of the property.Properties will be actively managed to maximize returns, likely achieving higher upside than long-term rentals.Proposed Compensation for Investors:6% preferred return annually.After the preferred return is met, profits are split 75/25 (with investors receiving 75% of profits on their portion of ownership).Profit Calculation:Revenue – Operating ExpensesExcludes mortgage principal & interest, as our LLC assumes full responsibility for the loan.Looking for Feedback:Is this structure fair and attractive to investors while ensuring long-term alignment?