Fareen E.
Start lease on closing date or the day after?
10 January 2025 | 11 replies
This protects your investment and gives you leverage if there are issues.Other Tips:Make sure the lease explicitly defines the move-out date.Conduct a thorough walkthrough with documentation before and after the lease period to avoid disputes.Handling a seller-to-tenant situation can be tricky, but with the right precautions, it can work smoothly.
Kyle Carter
Sub 2 Financing
7 January 2025 | 7 replies
For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?
Dustin Wheeler
New member exploring real estate
23 January 2025 | 11 replies
I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.
Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
Focus on areas with strong rental demand, like Broad Ripple, Fountain Square, or near universities like Butler and IUPUI.Maintenance Costs: Indiana weather can be tough on properties, so budget for seasonal maintenance like snow removal and HVAC servicing.Additional AdviceKeep an Emergency Fund: Unexpected repairs or vacancies can arise, so having 3-6 months of expenses saved will help you weather any surprises.Build a Reliable Team: I have lists of contractors, handymen, cleaners and property managers if you'd like me to send.Good luck with your property and future expansion!
Kyle Carter
Lets Connect Together
23 January 2025 | 7 replies
Leverage your skills in market analysis and automation, define your investment goals, and continue learning through books, podcasts, and webinars.
Michael Plaks
Crazy technicalities: how the IRS defines your age.
29 December 2024 | 1 reply
Specific technical issue that triggered this post. When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18. But what exactly happens in the year the child ...
Alex Woolums
Howdy, blue collar to investor.
20 January 2025 | 12 replies
Be sure to define your goals clearly.
Rolayne Taylor
New Beginnings 2025
24 January 2025 | 21 replies
To build momentum in real estate, focus on defining your strategy, leveraging your current property, and prioritizing cash flow, especially in the early stages.
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
23 January 2025 | 15 replies
I have a few banks and family offices I've worked with for years that will definately do the deals with me.