Feel free to reach out anytime!

/CRRA_WMA...Weekly Market Activity ReportFor Week Ending June 8, 2024 (Data current as of June 17, 2024)Weekly market activity data and reports are provided by ShowingTime and are updated on Mondays by 2:00 pm, once received.

He owned the home free and clear and I am now the deed holder with how we structured it.  

Regarding profit from the flip, I am pretty sure it passes through your LLC and you report it on your taxes as earned income. 

These platforms can integrate with your bank accounts, track income and expenses, and generate reports, simplifying your record-keeping.Regular Financial Reviews: Schedule monthly or quarterly reviews of your finances to ensure everything is in order.

If you don't want to use him, you are free to find another repairman who doesn't charge for service calls.

(Goal: either we can sell in 2 years and get the free capital gains or we can keep the great primary residence financing and rent it anytime.) 

You can get into a 3-4 family properties (3 to 4 family is preferred since it is tough to find a duplex now that cash flows once you move onto your next househack) with as little as 3.5% down (FHA loan, you can only have one of these outstanding at any given time) vs. 5% conventional loan (you can have up to 10 of these on your credit report before you essentially run out of space) and create an investment property with little money out of your pocket. 

We will provide detailed reports of the properties for you to review, and then we follow through with the repairs or renovations you decide are needed.  

I have recently become incredibly interested in real estate and have been studying up in all my free time for the past month or so.