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30 November 2024 | 9 replies
Apparently they handle all property repairs and maintenance independently and have maintained a perfect payment history, even throughout the pandemic.Lease Option Agreement:Effective Date: November 1, 2022Terms:Purchase Price: $165,000Non-Refundable Down Payment: $10,000Lease Term: 3 years (ends October 31, 2025)Final Payment: $158,000 balance due upon term completionMonthly Payment: $1,150 (no rent credits)I didn't see this to be a deal because if in a the best case scenario my $25000 would walk away with 2400 which is about a 9% ROI.
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3 December 2024 | 19 replies
Eventually, you'll have no choice but to get a job to maintain your standard of living.Best source for population growth: WikipediaLast Throughout Your LifetimeYou cannot sustain financial freedom if your income doesn't persist throughout your life.
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5 December 2024 | 8 replies
Larger, nicer homes tend to be more expensive to maintain and harder to rent consistently due to high turnover costs.4.What are your other sources of income?
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4 December 2024 | 18 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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5 December 2024 | 25 replies
From signing the initial agreement to finalizing the project, they maintained a high level of professionalism and kept me informed with regular updates.The deal was backed by a Joint Venture Agreement and Promissory Note, and they delivered the expected returns on schedule, with no issues along the way.If you’re considering partnering with 51 West Properties, they’ve proven to be reliable and trustworthy.
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3 December 2024 | 10 replies
It recommends charging $1,000/month plus utilities, maintaining the property, and drafting a written agreement.
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2 December 2024 | 11 replies
Where can I find more info on getting certified and maintaining a qualified opportunity fund?
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2 December 2024 | 5 replies
Maintain an emergency fund5.
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2 December 2024 | 8 replies
How much time do you think it will take to manage and maintain those 40 rentals?
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29 November 2024 | 1 reply
An LLC requires time and money to create and maintain, every year.