
16 June 2020 | 14 replies
Stay healthy, stay away from bad people.Some ideas to find the deals:walk/drive neighborhoods, look for neglected propertiesadvertise, newspapers, radio, pass out flyersWrite a nice letter to landlordsWhen housing court starts up again, meet landlords there - chatCall and visit owners of Expired Listings - make offersBuild a relationship with a few Realtors, offer to pay them a fee (3-5% of purchase price for unlisted buildings) for presenting your offers to FSBO's and expired listings (auto pilot investing) The purpose behind this is to open negotiations with sellers, I always offer well below their asking price BUT IN WRITING hand delivered by an agent (you save time, cost of gas and you increase the odds of finding a fat equity deal)Study Real Estate Control techniques; delayed settlement, assignment clauses, all types of options, hybrid or JV with sellers, repair consideration with possession (known as front porch offers) use one of the 21 proposals for seller financing (the best highest leverage financing you can get)My LOCK-DOWN has proven to be profitable, I have time to network and develop clients nationwide to mentor/partner transactions.

3 June 2020 | 0 replies
If you paid for gas and electric, phone or cable, that too will have to continue to be paid for.

6 June 2020 | 3 replies
The lot is in a 'good' area of the town, it is easy walking distance to schools, dollar general, grocery store, gas stations, and county offices.

3 June 2020 | 12 replies
Another reason I will not install gas & only electric stoves with ceramic/glass tops.

3 June 2020 | 2 replies
Thus i wondering if to create an LLC before buying my first rental so it can help me maximize taxes. since i do plan to manage the property i thought i could open the LLC and discounts things like phone, gas etc. i have talk to other people that told me that just by having a rental i would get to some landlords tax benefits without the business. what do you guys think?

4 June 2020 | 13 replies
As landlords we provided fire extinguishers, a dryer gas line, dryer vent work, bathroom drain stop, and all new blinds/appliances.
6 June 2020 | 1 reply
Usually $2-3k/month takes care of all shopping/groceries/gas/entertainment.I invest through my works retirement plans.

11 August 2020 | 5 replies
-Water/Gas: 1 meter.
8 June 2020 | 1 reply
Here are the typical expenses to consider: Tax, Insurance, Utilities(Electric, Water, Sewer, garbage, gas), HOA, Lawn/Snow, Vacancy, Repairs, CapEx, PropertyManagement, Mortgage