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14 February 2025 | 21 replies
Or start a business which would require a lot more time than owning RE.If it were me and Dallas is appreciating, I'd probably hold onto it since you've had it since 2011.
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4 February 2025 | 7 replies
What are your requirements?
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3 February 2025 | 5 replies
The last few years have been great for investors/homebuyers who bought pre-con, but looking back to the few years after the 2014/15 boom, this wasn't the case, where many had actually committed to buying a property that wasn't quite worth what they signed up for closer to closing because the appraisal weren't matching the contract price, requiring a cash top-up.
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20 February 2025 | 10 replies
Maintain detailed records to substantiate deductions for materials, labor, and expenses, which can significantly reduce taxable income.While an S-Corp provides tax savings, it also requires payroll management and compliance with formalities, making it essential to stay organized or consult a tax professional for ongoing compliance.This post does not create a CPA-Client relationship.
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4 February 2025 | 2 replies
I was told the reserves are a requirement of the REIT loan that we have.
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6 February 2025 | 5 replies
I suspect it's an old line that failed and required replacement.
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16 February 2025 | 20 replies
My main Partner is Chase because gives the biggest limits great when it comes to building a relationship and getting BLOCs and other things also would recommend local credit unions biggest thing you always need to figure is the banks Cap of what they are willing to lend until they need everything Chase for example is 150k Citizen Bank if in area a great one for Blocs only require bank statements to calculate how much you can qualify for.
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11 February 2025 | 4 replies
I loved not having to deal with lenders and all their requirements.
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3 February 2025 | 7 replies
Alternatively, platforms like Twilio provide excellent customization but might require more technical setup for Podio.
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19 February 2025 | 19 replies
Generating 11k per month - what amount of capital is that requiring - you mentioned 7 paid off houses.