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15 January 2025 | 9 replies
If so I would thoroughly ready this to see what they require and what you agreed to.I doubt you can keep your permit if you refuse their inspection.If you are doing everything as you should, you shouldn't have anything to worry about.
27 January 2025 | 8 replies
Are you looking at properties that only need "cosmetic" rehab or are you open to deals that require more rehab?
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19 January 2025 | 2 replies
I finished all the degree requirements only to discover I was extremely burned out and had to complete another year of electives to satisfy a minimum number of credits at that university.
20 January 2025 | 6 replies
If the property does not require an extensive rehab and just needs cosmetic repairs then a standard landlord dwelling policy in most cases depending on the carrier.
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3 February 2025 | 8 replies
., mortgage interest and property taxes) requires careful allocation.
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31 January 2025 | 2 replies
Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.
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4 February 2025 | 17 replies
For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.
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26 January 2025 | 15 replies
There's also plenty of lenders who falsely represent the true capital requirements to originate their loans or are merely up front fee collectors.
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16 January 2025 | 1 reply
Permit eligibility is based on region (usually the west side of town) and density (quantity of surrounding STR's in the area) as well as percentage of landscaping and minimum parking requirements.
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7 February 2025 | 14 replies
Hi Grace, I have an amazing DSCR lender that has no seasoning period requirement and an amazing property manager (both a lot of my clients and myself have used!).