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7 January 2025 | 0 replies
Purchase price: $187,000 Cash invested: $15,000 Sale price: $259,000 I got tired of moving place to place and worrying about finding roommate, security deposits and not having enough money to deal with maintaining someone elses home.
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13 January 2025 | 11 replies
Section 8 provides consistent pay and the tenants have to uphold the standard put forth by SECTION 8 to maintain their voucher.
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8 February 2025 | 49 replies
@Greg P.To become a full-time real estate investor, focus on cash flow, appreciation potential, and scalability.
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5 February 2025 | 205 replies
When I pressed Delta for answers, I was issued the following stern statement: "Let me start with as a courtesy we contacted you regarding Center Street and its not obligation to maintain your financing.
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3 February 2025 | 37 replies
Definitely not as much but it’s an easy way to maintain your principal and get some income from it, forever. 2) Invest with an experienced real estate operator.
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25 January 2025 | 155 replies
He puts this big timer up to make them think that there are only 30 minutes to act and that spots will fill up.
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12 January 2025 | 25 replies
My definitions of the classes are (someone else might have different opinion):Class A - higher property prices, low crime, highly rated schools, tenants and homeowner usually higher income (although if the owner bought years ago they could be lower income), streets are well kept, yards maintained, no run down cars parked in street.
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9 January 2025 | 9 replies
Regarding a 1031 exchange, while the property was rented and treated as an investment property during your deployment, if you maintained it as your primary residence for tax purposes, it may complicate eligibility.
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17 January 2025 | 24 replies
However, as these terms are not used "scientifically" in the Solo 401k industry, it's advisable not to focus on those terms; rather, develop a sense of what's required to maintain a Solo 401k plan and identify exactly what is offered by a service provider.The upshot of all this is that once you've adopted a Solo 401k plan, it doesn't suddenly vanish or become non-compliant because a "plan provider" or "plan administrator" resigns.
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5 January 2025 | 7 replies
In the latter case, I would still use QB to enter info provided by the 3P servicer and to maintain my general ledger for the lending business.