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14 January 2025 | 3 replies
When Trying to qualify for a traditional loan, lenders usually price your purchasing power at 3x your net income.
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17 January 2025 | 24 replies
@Alicia Prokos (and anyone else in the same position) A 401k plan is a type of Qualified Retirement Plan, in which there are - at a minimum - 2 essential roles: Trustee and Administrator.Plan administrator – The person who is identified in the plan document as having responsibility for running the plan.Plan trustee – Someone who has the exclusive authority and discretion to manage and control the plan assets.In the overwhelming majority of plans, it is the business owner and/or the business entity adopting the plan that fill these roles.Companies that provide 401k administrative services are more aptly called "third-party administrators."
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10 January 2025 | 9 replies
With experience in construction and sales, you'll definitely be able to use those skills to your advantage when doing value-add deals.The better the deal is, the easier it will be to do the BRRRR method and you can find some of the best deals off-market, so it's important to build a solid network and create deal flow so you can see as many opportunities as possible.
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15 January 2025 | 5 replies
Even then, the IRS may scrutinize the transaction if it appears the intent was to immediately convert the property into a personal residence.Additionally, if you eventually sell the property after converting it to a primary residence, you may qualify for partial benefits under the Section 121 exclusion for primary residence gains.
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6 January 2025 | 25 replies
You have acquired skills that are worth 500k, so maybe you can translate that into an adjacent career path and leverage your existing skills?
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8 January 2025 | 5 replies
Poor communicators, poor housekeeping skills, prescription med abuse, big dogs that they couldn't properly care for, damaging, etc.
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29 January 2025 | 40 replies
Quote from @Christina Hall: Sorry I only read a fraction of what you just posted … bc damn … lots of unnecessary commentary But I do understand Search volume managing hundreds of thousands of dollars per year in google ad spend and seo for major organizations If the volume isn’t high enough than you aren’t going to get meaningful traffic to drive conversionsIf there are 20 people searching per month and 10 convert and they are qualified and that’s all you need then great But the fact that you are screenshotting hundreds of form submissions is suspect and misleading to those who don’t understand hence the reason why I’d love too see your GA Good luck out there Humor me for a second.You come to the forums asking for help on lead generation because obviously, you are not very good at it, hence asking for help.
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25 January 2025 | 14 replies
This is where your qualified intermediary takes title to the new property and holds it until you are able to close on your old property.
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20 January 2025 | 37 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
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14 January 2025 | 11 replies
This will still qualify for a residential mortgage and you have a better shot of completely offsetting your entire payment.