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12 January 2025 | 28 replies
If it is less than 30 days, the owner can kick someone out for failing to pay or obey the rules.
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28 January 2025 | 22 replies
For BRRRR, focus on the 70% rule to build equity.
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9 January 2025 | 46 replies
Any action in your market regarding these rules/laws etc. ?
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16 January 2025 | 12 replies
The interest tracing rules come into play for debt financed distributions.
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15 January 2025 | 9 replies
be sure to stick to your 70% rule for the flip, know your numbers. run everything conservatively. overbudget for time and costs but 15-20% Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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8 January 2025 | 14 replies
However, transferring a mortgaged property to an LLC could trigger a due-on-sale clause, so consult your lender before doing so.While an LLC does not save taxes, it can make audits more straightforward and help present your rental as a business and you can combine all the hours from multiple STRS into one to meet the MP requirements.
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16 January 2025 | 23 replies
I had to live in the property due to the FHA occupancy rules, so I had about an hour and 15 minute commute to work every day.I settled on Tilton (small town in central NH) because the property was right and it cash flowed very well, and was quite cheap (at the time... 240k), I could get the loan to get into the building and own 4 units.
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9 January 2025 | 4 replies
Section 8 can be a profitable and reliable resource but it is 'their ball, their court' so know the rules first.
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23 January 2025 | 165 replies
But never fear John, Mother Russia is happy to have you and there it is your nirvana as Big Gov rules everything with an iron fist.
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14 January 2025 | 4 replies
., 8 AM–5 PM, Mon–Fri due to HOA rules).The clearer your scope, the fewer misunderstandings you’ll face.Signatures:Always have the subcontractor sign first, then you sign.