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12 January 2025 | 3 replies
@Alex Tang I would call your insurer to verify.
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11 January 2025 | 1 reply
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
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27 January 2025 | 13 replies
I require proof of income, and verify it by contacting the human resources department of their employer in writing.
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3 February 2025 | 25 replies
My initial idea was to find a house in the &150k-$200k range and flip it for $300k-&350k.
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3 February 2025 | 8 replies
The main reason is that it is not initially set up for a Real Estate business like other “real estate-specific” accounting software.
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23 January 2025 | 5 replies
@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.
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19 January 2025 | 4 replies
Or give any one area a leg-up, besides the initial players like Virginia.
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16 January 2025 | 38 replies
Best of luck to all you out there.How much did you pay for these 3 buildings initially and how many years did it take you to earn the money to pay for them?
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28 January 2025 | 14 replies
Initially, your search may be discouraging @Yael Doron.
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9 January 2025 | 4 replies
Also, you need to be prepared to screen prospective tenants yourself and verify vouchers before committing to lease.