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19 December 2024 | 13 replies
I could likely see many things from the TCJA being made permanent, mostly procedural items like the higher standard deduction and child tax credit (Plus eliminating exemptions).
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14 December 2024 | 4 replies
Depending how long your LTR was in there, you might need to fix or update a few items.
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18 December 2024 | 15 replies
If the property is making money - and I mean really generating good cash flow - then those taxes are just another line item in your budget.
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16 December 2024 | 5 replies
Now, I typically only use them to skim stats on reviews and the more basic items.
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24 December 2024 | 23 replies
Some items to touch on while you talk to prior investors:How has the overall experience been?
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28 December 2024 | 8 replies
For months, this was what we were following but of course when dealing with me I never make people wait so long and I pay as soon as I am able, as soon as the line item funds drop I usually send a wire or zell payment.
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17 December 2024 | 9 replies
The biggest advantage of using someone local to where you're buying is that they will understand taxes, insurance, and similar items very well when it comes to DTI/DSCR calculations and payment quotes, and they will likely have a local network of service providers for ancillary services (survey, inspections, etc).
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20 December 2024 | 27 replies
There are various other items that may come up such as: Proper firewall suppression, adequate entrances/exits for fire safety, stair safety, size of kitchen appliances, etc... for my specific example.
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15 December 2024 | 13 replies
So I'm guessing thats the item.
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16 December 2024 | 9 replies
Your biggest problems here are going to be how to properly qualify someone, what to do if someone stops paying, footing the bill if you have a big repair item, finding quality and reasonable vendors/contractors to fix things, and keeping track of payments.If this isn't you, give me some more context of where you're at and I can give some better insights.