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23 October 2024 | 6 replies
However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.
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24 October 2024 | 33 replies
I retired from federal employment and never looked back.
30 October 2024 | 94 replies
I think to accomplish this you are probably going to need to employ a couple of strategies.
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23 October 2024 | 5 replies
In general, make sure you ALWAYS verify stable employment AND income.
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21 October 2024 | 2 replies
This question has come up a few times with prospective clients recently, so I thought I'd shed some light on it.Generally, being an employee in a real estate business does not automatically qualify you for REPS unless you own at least 5% of the employer.
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23 October 2024 | 8 replies
Build self-employment by leveraging real estate activities, staying financially prepared, and transitioning to business after generating cash flow.Good luck!
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24 October 2024 | 10 replies
The trouble I keep finding with this is that I am self employed now, they probably will ask for 2 years of proof of income as a self/business owner, right?
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25 October 2024 | 23 replies
Scranton PA is a great spot to invest.Pros:- Low cost of buy-in / not much needed in comparison to other areas due to affordability in purchase price- High-Cap Rates- High Cash Flows- Stable market / continuing to appreciate- Beautiful revitalization of the downtown- Influx of jobs, employment opportunities - Plenty of renters- New Amtrak service coming- Surrounding neighborhoods are sought after, solid schools, "home team" mentality in most of the towns where people want to stayFor the Cons:- I can't think of any OVERALL cons that couldn't be avoided in working with the right team.
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23 October 2024 | 10 replies
Look for areas with strong rental demand, low vacancy rates, and proximity to schools, employment centers, and amenities.Future Growth: Check for signs of future development, such as new businesses, infrastructure improvements, or public transportation.
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23 October 2024 | 8 replies
This is more ideal for a tenant/someone that has a background in doing handyman work but at this point you have to understand that you are now also going to be their employer.