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18 February 2025 | 9 replies
Flipping a house typically involves holding the property for a short period, which classifies the gain as ordinary income rather than a capital gain.
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19 February 2025 | 17 replies
They may get paid on the 3rd and need to not initiate a payment until their paycheck hits their account to avoid being overdrawn.I personally have a 5 day grace period and rent is considered paid when the transfer is initiated.
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21 February 2025 | 6 replies
I think I may want to amend the promotion period to 2 weeks max.Any tips/insights?
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19 February 2025 | 3 replies
Be sure to factor in property management costs, repairs, and potential vacancy periods.
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9 February 2025 | 12 replies
I keep a portfolio of photos in my arsenal - not posting all of them - but switching out a photo periodically as it can trigger your listing to move up the list when a change is made on some of the sites.
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4 February 2025 | 0 replies
To better project growth rates for the next five years, we should examine the pre-COVID period from 2015-01-01 to 2020-03-01.
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12 February 2025 | 11 replies
In addition, they connected me to the preferred lenders who also helped with closing on the property within a short period time.
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17 February 2025 | 9 replies
I am wondering if transferring the cash periodically to a standard brokerage IRA account may be my best option.
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7 February 2025 | 7 replies
I always am amazed when someone selling a $600,000 house brings me a listing agreement where they agreed to pay a stranger $30,000 to list their house for sale and they didn't even read the agreement much less spend the $250 to have a lawyer tell them that yes, if they sell it to their cousin during the listing period they still have to pay the $30k.
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18 February 2025 | 3 replies
From there mechanical and large items are my first priority (water heater, HVAC, roof) - though an inspection gives us more information and those items can be used as great negotiation tools during your due diligence period.