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29 January 2025 | 0 replies
The owner didn't have to deal with any of it, as we offered to take care of it for her.
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30 January 2025 | 3 replies
Explore Financing OptionsChicago offers excellent financing opportunities for house hackers.
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8 January 2025 | 3 replies
While California has long been a real estate powerhouse, Florida offers a compelling alternative with its own unique set of advantages.Let's spark some conversation!
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27 January 2025 | 6 replies
The drawback is you need to build trust and relationships upfront.Both have their place, but private money tends to offer more flexibility, while hard money is more structured and accessible if you lack personal connections.
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28 January 2025 | 4 replies
Quote from @Catherine Ding: My PM company is offering to do it for a high fee of $100/month so I'm trying to find alternative options.
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25 January 2025 | 6 replies
Analyze the property and determine what price you are willing to pay, then offer that amount.
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31 January 2025 | 44 replies
Even at that price point, you may struggle to find a tenant, potentially leaving the property vacant for months.Here’s an example of a deal I’m currently working on:Purchase Price: $215,000Rehab Costs: ~$250,000ARV: ~$615,000Potential Rent: $3,600/monthUsing a $615,000 ARV and 75% LTV on the cash out refinance, with taxes and insurance, my monthly payment would be $4,267 using an 8.5% rate.
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29 January 2025 | 3 replies
Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?
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26 January 2025 | 33 replies
Also review what others offer.
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1 February 2025 | 9 replies
I've found that CPAs that focus on a niche area such as real estate rather than offering general services to everyone are typically much more knowledgeable about real estate tax incentives.