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20 December 2024 | 12 replies
Only exception would be if you have a game room or extra living area that is far from the kitchen, then it would be a good idea.
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21 December 2024 | 7 replies
I “hope” you are not married or it will make it very difficult as you can’t have a disregarded multi-member LLC except in community property states.
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17 December 2024 | 2 replies
More states are creating "just cause" eviction laws, essentially stating the landlord must allow the tenant to remain in the property except for a few specific situations.It won't end well.
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20 December 2024 | 4 replies
I ain’t no lawyer (except on the Internet), so will possibly have to resort to checking with the lender (BoA) to confirm as I didn’t see anything in the contract that suggested that it closes if I’m no longer resident.James
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20 December 2024 | 3 replies
(There’s no way to transfer title that can legally prohibit enforcement of due on sale, except transfer to the owners REVOCABLE trust or transfer to children upon death).
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1 January 2025 | 22 replies
Remote management of flips can be much more difficult than people except.
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28 December 2024 | 23 replies
Not when I can build a home and 9 months later sell it and make 100k even after tax thats 60k and basically a double your COC so rentals at small deltas just dont really do it for us except tax breaks but I dont like to let the tax dog wag the tail.
21 December 2024 | 18 replies
@Preston Dean I personally like to make sure I have a set amount of reserves for each property to cover things, so if you have a pool of funds sitting aside personally I would just earmark a certain amount that you don't touch except for that property (or an emergency).
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28 December 2024 | 8 replies
I had later found out, he had done ZERO work at all himself except for the times I was there and literally called him in and I had asked him to help his friend who was clearly struggling.
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18 December 2024 | 10 replies
HI Guenevere, You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% FHA with a few exceptions.