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17 February 2025 | 0 replies
Incredible lessons learned on how detailed the city of Bellaire requirements are, working in the floodplain, balancing multiple projects and scaling the business.
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23 February 2025 | 1 reply
It would clearly require good property management.
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5 February 2025 | 5 replies
@Jordan Miller - I think to give proper guidance it would be good to share more details on the revenues and expenses on the property.
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23 January 2025 | 9 replies
@Jim Stanley Keep in mind any expenses of your SDIRA asset must be paid for by the account that owns that asset.
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12 February 2025 | 27 replies
The city has changed Section 8 requirements multiple times lately.
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21 February 2025 | 2 replies
However, safe harbor is not required to claim QBI; you can still qualify under general trade or business principles.
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21 February 2025 | 1 reply
As for holding periods, some lenders may require you to occupy the property for a short time before converting it to a rental (typically 6-12 months), so check the fine print on that.If you’re set on making it an investment property, you may need to work with a lender who specializes in investment properties, even if it means a slightly higher rate.
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17 February 2025 | 0 replies
The deal was identified by my real estate agent and requires a quick closing.How did you finance this deal?
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20 February 2025 | 13 replies
You either have verified income and meet the other requirements, or don't.
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5 February 2025 | 13 replies
If I would require some documentation from the city, would that trigger them to do the property lookup?