29 July 2024 | 40 replies
I guess the “I can’t pay” was an excuse, but she finally leveled with me.
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26 July 2024 | 5 replies
It would be an amazing way to level up and bring a great deal to someone you could learn from/partner with/use their capital.
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25 July 2024 | 4 replies
Property 3: Primary Fixer upper / home.
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24 July 2024 | 10 replies
I am planning on buying a primary residence that I can get as a decent fixer-upper.
25 July 2024 | 10 replies
You will have a mismatch between depreciation allowed from the federal & state level for the entire life of the property which can create some added administrative burden for some.Just in case there is confusion by the way, you are still allowed to take bonus depreciation under your federal return, just not for the state of Connecticut (among some others if others are reading.
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25 July 2024 | 2 replies
Currently, the data suggests that the next few months, with winter approaching, could indeed be challenging due to the high inventory levels.
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25 July 2024 | 33 replies
And in selling the notes, they frequently rely solely on the information the company gives them – which later proves to be false or misleading.COMMENT: This is not really applicable to note investors.Investors purchase the promissory notes, enticed by the promise of a high, fixed-rate return – up to fifteen or twenty percent – with a very low level of risk.
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25 July 2024 | 5 replies
If you are flipping within 365 (holding less than 365) this will be ordinary income tax levels, so if you are 22% or 28% as an example you will be taxed at that amount.
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26 July 2024 | 1 reply
Definitely something investors should add to the tool belt to enhance their level of due diligence.
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25 July 2024 | 6 replies
You have a lot of high level questions here, so I have high level replies:DSCR loans: Pros- they don't follow the rules for conventional loans, so your personal financial situation is irrelevant.