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23 February 2025 | 5 replies
My current options: rent out the current 4 bed 2 bath house that I own and live in so I could move into the 300k house and remodel while I live in it.
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14 February 2025 | 2 replies
I've done some digging on Batchleads, it seems to be the best option for skip tracing.A realtor friend warned me about the consistent "No's" I'll eat before i get my first deal.
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8 February 2025 | 21 replies
.: @Sadler Surratt - just curious, why did you ask Cosmo about looking into turnkey options in Huntsville?
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24 February 2025 | 5 replies
On the other hand, if you are looking to do a more heavy value-add with renovation you may look for bridge or private money options.
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21 February 2025 | 4 replies
A revocable living trust is another option for privacy and asset protection.Avoid gifting the property before death, as this would pass the original purchase price as the cost basis, creating a large capital gains tax liability upon sale.If the property is Subject A’s homestead, ensure the correct titling to maintain Florida’s homestead protection for Subject B.This post does not create a CPA-Client relationship.
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19 February 2025 | 5 replies
Property is 3021 E Shangri La Rd, Phoenix, AZ 85028.I hear you—this sounds like a tough situation, but you still have options to minimize your losses.
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13 February 2025 | 8 replies
Using a Whole Life Insurance (WLI) loan avoids banks but accrues interest, potentially reducing policy benefits—compare this with other financing options like HELOC or seller financing.
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19 February 2025 | 2 replies
Alternatively, in a QBO Simple Start or Essentials subscription, if seeing profitability by property is important, you could still structure your chart of accounts to reflect each home, though your P&L will be a bit more lengthy & harder to digest.If you have any questions, feel free to reach out, happy to walk you through the pros & cons of QuickBooks options!
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19 February 2025 | 29 replies
Detroit would be a solid option if you're strategy involves a little more risk for potentially higher cash flow.
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22 February 2025 | 4 replies
We did consider/evaluate that option, and have done multiple flips, but at those points have been under contract since New Year's Eve and carrying costs for another 2-3 months without a guaranteed sale is not the risk we want to assume.