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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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12 February 2025 | 27 replies
In 2008 when the stocks went down, I realized my 401k was invested with a person I had never met.
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11 February 2025 | 183 replies
Maybe send out some mailers or get some FB ads and gauge the response in your area.
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21 February 2025 | 4 replies
I have not personally tried the Wire feature though.I am an Accountant and use it and refer my clients to it as well, connect with me and I will look to see what the costs are to send a wire, they do allow free check and ACH payments if timing is not a factor.I had a client who used Titan, and as an Accountant I did not like it.
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10 February 2025 | 3 replies
This is rarely done as in most situations lenders will not consent, and at a minimum want the buyer to qualify AND personally guarantee.
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19 January 2025 | 47 replies
With a loan, a person takes on a Debt Obligation.
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17 February 2025 | 2 replies
I've got little personal resources backing me up but am ready to dive into REI full go.
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14 February 2025 | 21 replies
However, a common benchmark is aiming for at least 6-8% cash-on-cash return based on your total investment (purchase price + rehab + closing costs).Always factor in appreciation potential, tax benefits, and personal risk tolerance.
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12 February 2025 | 9 replies
The insurer will probably also tell your friend (s)he appears to be in breach of the averments in the seller's affidavit and will be held responsible for any loss the insurer suffers as a result.