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23 December 2024 | 15 replies
The contract must contain:the contractor’s name, address and telephone numberthe approximate start and completion date, including any contingencies that would change the completion datea description of the work to be performed and the materials to be provided to the consumer, including make; model number or any other identifying information; and the agreed-upon price for the work and materialsa notice advising you that you have three business days to cancel the contract, unless during an emergency you waive the right in writinga notice that all payments received by the contractor prior to completion of the contract work must be deposited in an escrow account
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19 December 2024 | 8 replies
I hear frequently getting financing for container home type projects is tough if not fairly impossible vs traditional construction financing, so wouldn't that take more capital?
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19 December 2024 | 6 replies
There is plenty of material to take a look at that will certainly help you on your investment journey.
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5 January 2025 | 39 replies
We own and manage quite a few in that zip code and have had great success. 38109 on the other hand is a very challenged zip code so it makes investing tough.
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19 December 2024 | 12 replies
For STRs, material participation rules apply, and STR income is treated as non-passive, allowing losses to offset active income.This post does not create a CPA-Client relationship.
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18 December 2024 | 2 replies
Purchase price: $575,000 Cash invested: $75,000 Sale price: $775,000 This was a tough one.
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19 December 2024 | 82 replies
That said, I have a nice stream of passive income (including math freelance jobs to keep me busy), and a lot of time on my hands, as well as experience with materials and vendors doing home renovations.
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21 December 2024 | 10 replies
Here's a few examples:Does the lender release for materials on site or do they have to be installed?
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26 December 2024 | 18 replies
These type of businesses are tough to price as the market varies greatly depending on many factors.
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29 December 2024 | 24 replies
In this case though, it makes it very tough to keep the current property cash flowing if I pull the money out through the HELOC though (while it's not directly added to the mortgage, it all still washes out into much larger monthly payments) though, so I am very leary!