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29 January 2025 | 47 replies
I have broken down 4 key benefits to a retirement account: 1) Compounding interest in the absence of taxation (particularly with a Roth IRA) 2) Ability to self-direct into alternative assets, like real estate, private real estate partnerships/syndications, crypto, gold & silver and other alternative investments. 3) Credit protection (see state specific laws), but generally inherent protections. 4) Upon death, if setup properly, probate avoidance
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4 January 2025 | 12 replies
You must give proper notice before each showing, you must give the renters the opportunity to buy the house first, and the new owner will have to honor their lease if they intend to stay.
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8 January 2025 | 11 replies
Section 8 tenants can be fantastic renters if screened properly.
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16 January 2025 | 31 replies
Yes it does, needing to keep the books and properties seperate for proper Tax Reporting and any 1099s you may need to file can be costly.
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8 January 2025 | 20 replies
Our biggest problem is getting her out so we can do a proper rehab 60 days of dead dime waiting for her to vacate is not Ideal obviously.
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17 January 2025 | 37 replies
Kalamaras, we were ready to close your file, we needed to change Title Companies as your Title Agency was refusing or could not add proper endorsements because of their Underwriting Insurance Carrier.
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4 January 2025 | 11 replies
Give proper legal notice of non-renewal and get them both out.
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5 February 2025 | 35 replies
@Anthony Sigala that "Rule" was created for mostly Class B properties BEFORE the Great RE Crash of 2008-2010.Values after the Crash dropped so much, that it could also be used for Class A rentals.Values are now more than their pre-crash highs, so the rule now only applies to Class B & C rentals.How are you identifying Class B & C submarkets in your area, so you can properly apply the rule to the right rentals?
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17 January 2025 | 21 replies
@Nathan Harden- agree about OH ....I went to school at Miami U and lived in columbus area for a few yrs ...many friends that still live there ......I live in Seattle proper ( near Magnusson Park ...also own 2 properties in Mason County ......father in law lives on close to 10 acres close to downtwon Medina so we will be dealing with figuring out the best thing to do with this as he gets older ( he is 83 now) ...stay in touch
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26 January 2025 | 21 replies
Sometimes, you need to be very specific and provide all the details to help them properly investigate.