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12 February 2025 | 7 replies
Consulting with an experienced eviction attorney in Seattle is essential to confirm their status and to ensure you’re following the correct legal process for removing them, if necessary.Disclaimer: I am not an attorney or an eviction specialist, so this is not legal advice.
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3 February 2025 | 15 replies
However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max).
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11 February 2025 | 3 replies
While they are two separate transactions, this would essentially leave you with $3k of net taxable income.
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11 February 2025 | 8 replies
Essentially, instead of being able to write it off immediately, it lowers the purchase price for tax purposes, meaning depreciation will be calculated on a slightly lower amount over time.
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4 February 2025 | 3 replies
They are essentially giving the property to you at fair market price, so someone is going to need to pay taxes on that fair market price.
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16 February 2025 | 29 replies
FIRE would essentially be pulling 4% a year so she needs around 4.5mm.
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11 February 2025 | 4 replies
Hey Brandon,I had good success by getting equity lines on properties to access the cash to invest again. 20% is certainly not essential if you want to go lower there are many lending options for lower down payments, especially if you are willing to house hack!
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7 February 2025 | 8 replies
From there you can start to identify what you are looking for.Where do you land on the follow spectrums:Cash flow and AppreciationLong term or Short term needs (waiting for growth vs get out of my W2 now)Long term rentals, Mid term rentals, Short term rentalsBuying close to home or coast to coastSelf manage or hire a PMIf you can narrow in on those, you essentially have your buy box.
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13 February 2025 | 17 replies
Essentials include pack ’n plays, high chairs, safety gates, and easy-clean surfaces (no white sofas!).
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6 February 2025 | 2 replies
Investors need to factor in zoning regulations and parking requirements, which are essential for smooth permit approval.