30 August 2024 | 7 replies
Gas, water, elec are unnecessary.
24 September 2024 | 8 replies
Southern impression is primarily a single family home builder and their floorplans are all too large for profitability. they are overbuilding each unit and adding unnecessary things like garages that don't get you any income and only drive the construction values up. a garage on it's own isn't with much more than what it's built for and doesn't really add to the equity gain in new construction
1 October 2024 | 26 replies
I advise they take it up with their bank and make sure they tell the bank the costs they have incurred.Surprisingly good tenants always seem to take it in stride and the PITA tenants always get upset when I impose a fee.
3 October 2024 | 15 replies
Make sure you have cash reserves for 6 months , steady w2 job if things go south and do not plan unnecessary big ticket items until you stabilizeI have known people start with 40 k and used it to fund flips and work their way up and get Business Line Of Credit for 200 K in 2 years and after that of course it is very easy
2 October 2024 | 11 replies
This is the problem I observe with most when in comes to entity formation and asset protection. 99% of the individuals who post questions in these forums are for some reason pushed to believe they should at least research entity structures that are completely unnecessary.
18 September 2024 | 6 replies
Until more investors learn to operate their real estate businesses correctly they will be at the mercy of greedy asset protection services who take advantage of their own naiveness and upsell on unnecessary services.
23 September 2024 | 9 replies
I know often times people on this forum say they are unnecessary and don't always protect against liability and just get a good umbrella policy.
20 October 2013 | 29 replies
And they're doing it for less money...maybe you should be talking to them.Also, for someone doing 30 deals/year, having 3 part-time assistants seems a bit unnecessary... :-)
20 February 2014 | 22 replies
The HOA will either raise assessments or impose special ones to deal with repairs or necessary improvements.
10 November 2014 | 35 replies
If your goal is financial independence with $X passive income by a certain date, then being frugal with your money or your personal time isn't "unnecessary", it's a choice.