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7 January 2025 | 22 replies
As a general rule, I aim to achieve a net return of $800–$1,000+ per month for every $100,000 invested.
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7 January 2025 | 13 replies
Hearings take place in the small claims court which is designed for non-attorney litigants and has relaxed procedures and rules of evidence.
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31 December 2024 | 0 replies
These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.
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5 January 2025 | 33 replies
You will average about 0.8% rules here in Columbus with section-8 rents.
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29 January 2025 | 21 replies
I think just a general rule of thumb is if you don't have experience, I'm talking years + and hours + in this field.
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8 January 2025 | 8 replies
Additionally, have a clear budget, factoring in potential repair costs, and ensure you understand the rules about earnest money deposits and closing deadlines.LLC for Real Estate Investing: Forming an LLC for rental properties can offer liability protection and may provide tax advantages, though the tax benefits are non-existence for rentals.
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1 January 2025 | 3 replies
But generally speaking with the new landlord rules etc I wont fund occupied houses whether at auction or non Auction I want them vacant before we fund them.
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29 December 2024 | 11 replies
Ask the city/county for their STR rules.
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6 January 2025 | 25 replies
I worked with the tenants to set rules such as if any violation comes up that would be grounds for cause.
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8 January 2025 | 10 replies
The next part that I learned, and this an IRS rule, is that you can only have an average balance of $50K out per calendar year.