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4 September 2024 | 84 replies
If you want to take a vacation, be out sick for an extended period, or even just move on, you'll need to "hire" and train a replacement.In terms of "The Cashflow Quadrant" (E - S - B - I), you're in the bottom-left corner: you're self-employed.You would need to move to the top-right corner and become a business owner: the business needs to run even when you're out sick, on vacation, "on family leave", etc.If you're new to the concept, "The Cashflow Quadrant" looks like this:E | B-----S | I"E" is you're an employee in someone else's business.
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29 August 2024 | 6 replies
The QOZ community believes that there is bipartisan support to extend the deferral period.
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28 August 2024 | 23 replies
Why not just extend the settlement date and wait?
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30 August 2024 | 9 replies
Most basements get water in them at some point in my experience and I see “inadequate drainage”, “negative grading”, “recommend extending downspouts” etc. on most inspection reports.We had a property with a humid crawl space basement and set up a dehumidifier with a hose coming from it to a floor drain so that we didn’t have to keep emptying it’s tank all the time.
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28 August 2024 | 7 replies
These charts show data across each market on rent trends for re-rentals, where a new lease is signed on an existing rental property, and renewal leases, where an existing lease is renewed for an extended 2-year period.These data graphs show the percentages of growth and the number of leases in each category by city.
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29 August 2024 | 33 replies
Disclaimer: My knowledge of this topic extends only to the states I live in or am licensed in.
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27 August 2024 | 8 replies
After closing, we discovered that for about 5-6 of the properties, tenants had been granted "sweetheart leases", well below market rates, extending through 2027 and beyond.
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26 August 2024 | 3 replies
I offered not to raise a rent and if they extend, they could cancel any time to buy their house.
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1 September 2024 | 79 replies
I'm new to RE too, but done my due diligence in reading on extend on the subject matter, and if I was the OP (still have not done my first deal), I would secure the deal, if its really such a great deal with 50k spread, in my mind I think he could get 15k wholesale deal to another investor and he does not have to do anything more than sell the contract, then after you have done a few of this and cash in your pocket, I would start with rehabs and rentals etc
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27 August 2024 | 22 replies
They extended one loan a couple times and even gave me some more money.