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28 January 2025 | 20 replies
I filled my own taxes for multiple years for multiple LLCs in multiple states.
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23 January 2025 | 5 replies
Given the latter costs, a corporation can be the best solution only if you buy multiple properties.
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25 January 2025 | 11 replies
new houses are getting sold for 600K, old houses switched to multiple offer selling model, just like some places in GTA.
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26 January 2025 | 5 replies
You want a platform that has built in TCPA protections as well as a multiple communication channels besides voice such as SMS and email.
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
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1 February 2025 | 17 replies
I really like the multiple income streams from one property.
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26 January 2025 | 2 replies
We have been able to save up some money for our first turnkey multiple unit building.
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9 January 2025 | 44 replies
everything on and off market gets multiple offers almost immediately.
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1 February 2025 | 7 replies
The good news is that it will still serve as a house hack when we move, as there are multiple units on the property.Our concern is that it is in a high fire prone area.
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23 January 2025 | 10 replies
I work on projects across multiple states and have a strong network of contractors.Regarding when to involve a contractor, if it’s someone you haven’t worked with before, I’d suggest waiting until after the inspection.