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13 February 2025 | 8 replies
I ask because we only buy houses around the southern US (TX,OK,AR,TN) but we're curious to know if more opportunities to buy foreclosures could potentially exist in other markets.
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20 January 2025 | 19 replies
It's now been 7 years since our fire and cookie-cutter neighborhoods are about 90% rebuilt, custom home neighborhoods are about 75% rebuilt, and luxury homes about 50% rebuilt.
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19 January 2025 | 0 replies
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13 February 2025 | 5 replies
A potential issue that could pop up with the refi is your current address on the application being the subject property on a business purpose DSCR loan.
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12 February 2025 | 12 replies
This also includes any potential benefits for tax losses, no matter where they are sourced to.Given the property is in MO, it would also be subject to income tax reporting in that state, unless there are any exceptions to having a filing requirement there (I don't know MO rules off the top of my head).
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13 February 2025 | 11 replies
It gives you one property that can potentially pay for itself while putting a roof over your head and giving you experience as a hands-on landlord.
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3 February 2025 | 2 replies
As interest rates rise, they naturally cut into potential cash flow on a property.
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27 January 2025 | 0 replies
If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.
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2 January 2025 | 2 replies
We have a Chicago general contracting business, and handling the field operations is a ridiculously heavy lift.As far as finding customers I think you'll have some good success with gorillia marking at some of the local investor meetups.
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10 February 2025 | 10 replies
To attract investors, offer incentives like high cash flow potential and tax benefits, and structure the deal with clear legal terms and contingencies to minimize risk.Good luck!