Roy Hill
Asking For Advice
29 January 2025 | 3 replies
Unfortunately NY requires a RE license to wholesale in the state.
Rene Hosman
What is your preferred way to collect rent?
28 December 2024 | 12 replies
They are able to make as many payments as they'd like throughout the month if that's better for them but they will need to make their payments for the current month in the previous month so that their balance is paid in full by the due date.
Kyle Carter
Can I use the 1031 exchange to buy my primary residence?
15 January 2025 | 5 replies
If you want to combine two or more lesser sales into one higher purchase that is fine as long as your purchase meets the timing requirements for each sale.
Zoe Brennan
New Agent & Aspiring Investor
31 January 2025 | 10 replies
To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.
Mark Hafner
Unit broken into
28 January 2025 | 4 replies
With that they may be able to recoup from their renters insurance (hopefully you require this) If locks are damaged and the unit isn't secure you would need to take care of that right away.
Dave Gabruk
Planning a Home Renovation? Think Beyond Design!
28 January 2025 | 1 reply
Thankfully, we caught it during the plan review stage, and with a stamped structural design, they got the kitchen of their dreams—without jeopardizing safety or facing surprise delays.Here’s what to think about when renovating:Structural Changes: Even moving a wall can have ripple effects on the stability of your home.HVAC Systems: New layouts might need adjusted airflow or ductwork.Plumbing and Electrical: Moving sinks, showers, or outlets requires careful rerouting to comply with building codes.Before starting demolition or submitting permits, have your plans reviewed by a licensed engineer or architect to avoid costly surprises.
Tekoa Glover
Mobile Home Investments
12 January 2025 | 1 reply
Just make sure you do you research on Manufactured guide lines and requirements.
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
It may trigger if you are paying down the balance aggressively during the prepayment penalty period.
Thomas Malone
Anyone experienced with Lee Arnold's system
23 January 2025 | 56 replies
I have just started in a 3-day training for the Lee Arnold broker certification program and thus far just completed the online material required for preparation.
Stephanie Medina
Is it a bad idea to convert this LTR into a STR?
26 January 2025 | 17 replies
This gave us peace of mind and ensured that any unexpected incidents wouldn't result in major financial setbacks.These two choices have played a crucial role in optimizing our STR strategy, balancing profitability and protection.