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7 February 2025 | 4 replies
Also ask, when you submit the plans does the city give a hard time on all the stuff or just a couple things.
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4 February 2025 | 7 replies
I have met a few folks recently who are active in that market and I am planning on following up and seeing what their experience has been.
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14 February 2025 | 3 replies
Then plan a date to actively start looking to buy.
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6 February 2025 | 58 replies
Quote from @Fulati Paerhati: I am selling one property and planning to do a 1031 exchange.
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20 February 2025 | 10 replies
Buy box: Location: Approx. 30 min drive to Boston Heights, for workNeighborhoods: Decent walkability score - not far from shops/restaurants/trendy neighborhoodsIdeal tenants: Close to hospitals/universities/schools for professionals/students/familiesBudget: $175-250K - Buying w/conventional loan, 5% down/ approx 20K reno.Property type: MFH 2-4 units - preferably side-by-side, with a yard we can fence for our dogUnits: 3+/1+ - better if 1.5/2 bath per unitTimeline: Plan to live there for 2 years, but possibly only 1 year if we find another investment opportunityGoal: Focus on appreciation - would like to see cash flow in year 2-3 (the year we move out), including overhead (Vacancies, Maintenance, Utilities) and budgeting in PM if eventually we don't manage ourselvesValue add: Opportunity for some forced appreciation, but not a full reno - cosmetic upgrades and updating kitchens/baths while we live in one unit.
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5 February 2025 | 13 replies
Plan is to purchase a couple homes over the next year.
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22 February 2025 | 7 replies
Either way, there are a wide range of tax consequences associated with big withdrawals from any of these accounts that can't be ignored.What is Your Current Plan?
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22 February 2025 | 8 replies
If it were a stick built home instead of a mobile home there probably would be less risk as long as property was insured.Yes, this is my plan to get the land back, have attorney and title company check all the legal boxes and ask my CPA to write it off as a lossBuyer is going to deed the property back to me and I'll take a Promissory Note.
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23 January 2025 | 31 replies
So this requires some upfront planning.
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16 February 2025 | 5 replies
I am planning to cancel this lease due to the late payments etc, my question is since they are on a month-to-month can I just provide the standard 30 day notice or since they have been at the property for many years or is a longer notice period required such as 120 days etc?