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27 December 2024 | 4 replies
For example, if the property you are buying is a development property, like a small house with a large lot in a developing area, then a small negative cash flow could be okay if you can carry it.
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4 February 2025 | 87 replies
.$5k carrying costs between debt service, builder risk, general liability, taxes and insurance.....and $7K for the exit.
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1 January 2025 | 32 replies
There are lots of folks Bigger Pockets who feel they have to carry a gun to show vacant units.
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30 December 2024 | 10 replies
Selling to the wrong buyer can become more expensive than carrying the home for slightly longer.I will buy my bath/kitchen fixtures at a plumbing supply house and not a big box store.
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6 January 2025 | 15 replies
I've seen the wholesaler deals that get sent out, they are barely under market value and carry more risk.
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2 January 2025 | 11 replies
I had to start the eviction process, but fortunately, they left a little over a month after their lease ended—just before it went to court.These challenges reinforced the importance of tenant screening and clear leases, lessons I’d carry with me throughout the year.Summer: Refinancing and Big ChangesSummer brought a mix of wins and challenges:I began having issues with the garden unit tenants, which would escalate later in the year.After learning from the screening mistakes I made with the garden unit, I updated the third-floor unit and rented it to great new tenants.
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9 January 2025 | 20 replies
We all do the same thing, we just call ourselves different names and carry similar but different licenses:- CPA - Certified Public Accountant- EA - Enrolled Agent - Accountant - Tax advisor - Tax strategist- Tax consultant - Tax plannerIt all means basically the same.
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15 January 2025 | 144 replies
Just be aware that (1) you can easily do whatever it is Tardus is selling much cheaper elsewhere (2) Tardus special investments for members only are mundane investments available at the same terms to anyone with a computer and internet connection and (3) the strategy of borrowing from a HELOC to juice returns carries with it a much greater risk than is apparently disclosed.
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26 December 2024 | 3 replies
Speculative investors might face higher carrying costs for undeveloped land or projects.
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12 January 2025 | 185 replies
So how many times did you have a Due on Sale Clause enforce good question when my dad started this in the late 70s and I was a new agent working with him. it was all owner carry notes very few banks notes.. as such we never had ONE called that I can remember.