Emory Clayton
Should I rent for 6 months?
14 November 2024 | 7 replies
You probably can't change the rate by much, you can raise it some if you include utilities.
Account Closed
Should PM provide itemized receipts
14 November 2024 | 20 replies
Keep in mind that there may be legit charges associated with termination- for instance, they may need to hold some funds in escrow to cover lingering utility bills or cleaning after that 30 day period.
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
Using a Heloc utilizes the equity that is sitting dormant, it provides tax relief (once again check with your tax professional) as it is interest income, you can typically get a reasonable rate andlastly there is no out of pocket money.
Jonah Slove
Land Purchase and Subdivision Process
11 November 2024 | 9 replies
They will know setback rules, road widths required, easement documentation for road and utilities, postal box and bus stop.
Brandon Brock
Eddie Speed Note School
7 December 2024 | 150 replies
If we made a mistake it was not utilizing our mentor even more.Deal analysis is something like this:Deal 1 sold this week at auction for a loss, probably a $4,500 loss, this is in my profit calculation.Deal 2 Bought for 20k sold for 45 with 10k down and 35k financed for 8 years at 8% I counted this as a 45k asset but probably should have only counted it as 35 since the 10k has been reinvested and is reflected in other assets.Deal 3, bought for 10k and foreclosed on a non performing borrower, we will be all in for under 20k, and should sell for @ 45k, maybe more if we do owner financing.
Pete Harper
1031 into upREIT
18 November 2024 | 8 replies
One of the easier ways to do this would be to 1031 exchange into a DST where the sponsor owns a REIT and utilizes the 721 as part of their strategy.
Roger Brittingham
Why should I? Mobile Home Dilemma
12 November 2024 | 2 replies
Hello @Roger Brittingham,Moving singlewides could be a great low-cost investment, but be mindful of these considerations:Moving & Setup Costs: Relocating singlewides can be expensive (transport, permits, setup, utilities).
Kyle Souza
Qualifying for Small Multifamily Loans
13 November 2024 | 23 replies
yes definitely utilizing the bridge or DSCR .
Grayson Grzybowski
Getting Advice with buying Real Estate
11 November 2024 | 16 replies
I have come so far (daily personal Finance sheet, opened a small business, bough a home, and utilized as many tax strategies as best I can), yet I still feel so far from my freedom.