That's the one thing all the HGTV flipping shows get right - everyone we've ever seen has a renovation surprise that either increases the budget or requires cutting back elsewhere to keep the budget.Contact us if we can assist with anything. 

The listing brokers standard offer does not include a feasibility or due diligence period.Questions1.

I am 55 yrs old and would like to increase my cash flow to ensure a more stable retirement . . .We all know SF rentals are a "slow but sure" way, so I am considering leaving that strategy. 

Interest rates in Brazil are maintained artificially low because of the pandemic but Brazil's central bank is forecasting that it'll increase rates back by 4% by 2023, which would be bringing mortgage rates back to 11%, making the use of leverage even less profitable.So, again, short-term rentals can make sense because you can get a much higher rental income.

I wanted to confirm what you said both for myself and for other people who read this with the same question, so I did a bit of research to come up with the below example:If I make $10,000 a year from my property, do not pay myself to property manage, and I'm taxed on income at a rate of 25%, I'll owe $2500 in taxes on that, and keep $7500.If I instead pay myself through an LLC to property manage at a standard rate of 10%, I'll pay tax on $9000 at 25% ($2250).

@Cameron RileyYes HUD has screened them based on their standards but you can have your own screening standards which they won’t qualify for.

They will always go off the lower number, and you will need to bring a down payment and closing costs (the standard title and insurance fees for escrow, as well as document and origination fees).

Pull standard crisis and background report.2 Take care of maintenance on routine basis3 Check with prior landlordHave printed acceptance guidelines to avoid fair housing complaintsBob CollettRemax Trinity

The professionals listed have additional training and ethic standards that set them a part, however it is important to conduct your own research and properly vet a few property managements before making your decision. 

Here are some considerations:Pros of Using a Hard Money Lender:Speed: Compared to standard lenders, hard money lenders can provide quicker approval and financing processes, which lets you take advantage of time-sensitive possibilities.Flexibility: It may be simpler to obtain financing if HMLs are more accommodating when it comes to credit history and property condition standards.Access to Funds: You may take advantage of more investment opportunities by having quicker access to the equity in your property.Experience: For first-time investors in particular, certain hard money lenders offer invaluable experience and advice that can be helpful in navigating the fix and flip process.Cons of Using a Hard Money Lender:Greater Costs: Hard money loans might have interest rates and other costs that are greater than those associated with standard financing sources, which raises the project's total cost.Term Length: HMLs normally provide loan durations that are shorter, usually lasting between six months and a few years.