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12 December 2024 | 6 replies
Lot of people excluding the most important R that differentiates a flip from a rental - the RENT part...financing generally changes if you don't have a tenant or lease.
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11 December 2024 | 8 replies
I can introduce you to a few people who can likely help at Red Stick REI in January if you'd like.
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3 December 2024 | 8 replies
Turn-key would likely be the smoothest, but I am open to a fixer upper if the numbers work.As far as the unique funding, I am an equities investor with accounts held in trust and therefore my taxed income is quite low which limits my options unless I opt for a portfolio loan or separate entirely through a DSCR loan.
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11 December 2024 | 0 replies
This is especially important when owning rental properties or managing flips because it minimizes your personal liability.However, many people stop at forming an LLC without considering the potential tax benefits of electing S-Corp status.
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16 December 2024 | 8 replies
Realistic because I see people do this all the time, but hard because the amount of deals and capital it takes to get to 10 K passive per month is no joke.
10 December 2024 | 2 replies
Most people make the mistake on putting to much moey down or use "All cash" and then need to pull it out later at a higher rate.
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10 December 2024 | 9 replies
Quote from @Chris Primavera: I am located in Ohio and like many people I have researched and read about, tired of the 9-5 grind and putting money into someone else's pockets.
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10 December 2024 | 13 replies
A lot of potential people will see your add and move on if they can't find things easily as a lot of adds falsely represent the property.
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11 December 2024 | 29 replies
Good for the old tenant and I wonder who thought it was a good idea to do this to people.