28 May 2025 | 8 replies
Over time, as you close more deals and build trust, investors will begin to seek you out.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.
27 May 2025 | 2 replies
Just ensure you’re financially stable enough to handle the temporary negative cash flow and any vacancies or repairs, and this approach could accelerate your path to long-term wealth.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.
27 May 2025 | 3 replies
However, if you are also wanting to diversify your portfolio, then you can also rent to non-Section 8 tenants and/or offer the premises as a short term rental.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.
27 May 2025 | 6 replies
Note: This information is for educational and informational purposes only and does not constitute legal, tax, or financial advice.
26 May 2025 | 8 replies
For higher-risk projects, my minimum profit threshold is 20%; for medium-risk projects (which constitute most), it's 15%; and for fast, easy, low-risk projects, it's 10%.
24 May 2025 | 2 replies
I would also recommend potentially setting up Trusts or LLCs for asset protection, anonymity, and tax mitigation for both the process of the renovation and for when it is being rented out.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.
24 May 2025 | 4 replies
Note: This information is for educational and informational purposes only and does not constitute legal, tax, or financial advice.
24 May 2025 | 3 replies
In addition, execution of this Lease constitutes acknowledgement by Tenant that control of moisture and mold prevention are an important part of Tenant’s Lease obligations.
24 May 2025 | 4 replies
One thing I always recommend checking if you are interested in a specific location is to check State, City, and even HOA rules in an area to see if there may be any restrictions on renting property for short term lengths as that can also influence certain markets and opportunities, especially with forecasting and managing.If you haven't looked into it already, I would definitely recommend looking into LLCs and Trusts for Asset Protection and even Tax Mitigation strategies.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.
23 May 2025 | 3 replies
ChatGPT and the other more well-know AI tools are still hallucinating regularly, so check and double-check your AI output, as it's your license on the line.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.