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16 March 2024 | 6 replies
The information is there for Sold comps under Public Information, but you just have to dig a little deeper and do a little extra searching to get it.
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17 March 2024 | 3 replies
His primary home is also in it's own revocable trust.I don't believe he has any asset in his own name, everything in separate trusts.I believe on each trust he is the trustee with his son as the first named beneficiary.He also carries A LOT of insurance, uses a top property management company and all of his properties are in higher-end areas.I was curious, if he's involved in a lawsuit related to one of his properties - I know the trustee has to be identified and usually the target of the suit, but are the properties in his other separate trusts protected.
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16 March 2024 | 15 replies
I too am looking to get professional help with my finances but I can't convince myself on the extra fees and its value.
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15 March 2024 | 4 replies
Seek out single-family or multifamily homes with space for conversion, extra living quarters, or rental apartments.
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17 March 2024 | 3 replies
@Victor LoThe SFH homes usually fewer restrictions if there is no HOA.
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17 March 2024 | 17 replies
If you recast, costs usually $200-$300, say $50k the loan then reamortizes with a lower a PITI.
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17 March 2024 | 8 replies
You could do a lot with 500k if you use financing, so usually this wouldn't be the fastest way to scale.
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16 March 2024 | 8 replies
Is getting $50-100/month worth the hassle of the extra tenants and repairs?
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16 March 2024 | 11 replies
I'll try to be helpful and concise here without being too long-winded...ESPP - Typically you buy this at a discount (Usually 15%) typically you get beneficial tax treatment on the discount and won't have to pay income tax on it as long as you hold it for their required holding period.
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17 March 2024 | 4 replies
Something like: when the foundation is finished, the framing, electric and plumbing are in, roofing and siding, etc They will usually hold back 20% or so until the house actually has cleared all permits including the final permit of occupancy.