13 January 2025 | 41 replies
I really can say that everything needs to be perfectly handled without any room for error.However, you do not need to go and study all aspects of Dodd/Frank, Safe Act, Senate Bill 43, the Property Code, the Finance Code, insurance law and all case law regarding wraps.
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3 January 2025 | 1 reply
You're best bet is to call a few brokers local to the area and see what they can come up with.It's definitely going to be a surplus or excess carrier that will do it and the premiums will be high.
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10 January 2025 | 28 replies
You would still save more money 9 out of 10 times living with your parents but being able to leverage a low down payment loan will allow you to get a very high ROI on relatively safe investment.
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4 January 2025 | 23 replies
There are landlords who are proud to own properties while offering their communities a nice and safe place to live (and enjoying the benefits of having someone else pay for your appreciating asset).
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3 January 2025 | 7 replies
An investor who has participated in a subject to transaction without lender approval should NOT assume that they are safe from note being accelerated because a certain amount of time has passed.
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12 January 2025 | 23 replies
There are plenty of insurance companies that will do this but mine doesn’t so be sure to check with your insurance company just to be safe.
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10 January 2025 | 22 replies
Wishing - betting death on your tenants?
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6 January 2025 | 77 replies
But, I bet-ya it's also effective.
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15 January 2025 | 13 replies
I recommend that you stay on the safe side and do send 1099s to your wholesalers.You do not need to send 1099-NEC in these cases:You paid the contractor electronically (more on this below)You paid the person a total of less than $600 during 2023Payments for purchasing all kinds of goods, materials, and property, including real estate itselfThe person who worked for you is a corporation, and you made payments to his corporation.
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8 January 2025 | 7 replies
Your best bet would be to find a portfolio lender whose niche aligns with your investment strategy.