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7 June 2024 | 4 replies
Does it need to go in a BUSINESS savings account or can it go into a PERSONAL savings account?
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8 June 2024 | 22 replies
Just trying to imagine how to compensate for an office, but also when the person uses it full time as a bedroom
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7 June 2024 | 2 replies
Build relationships and don't treat every person as a transaction, and these types of things won't happen to you.We lend to plenty of investors who use the same wholesalers time and time again and don't try to do any of these things because the numbers work for everyone.Build a quality book of business and none of these things will be issues.
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6 June 2024 | 9 replies
Rely upon your own attorney's advice, and not personal opinions from others.
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7 June 2024 | 4 replies
I really like the equation, though, because it does encourage/provide the idea that house hacking can truly increase your personal net worth and be a better option than for example (having a relatively higher income in town A but you rent versus lower income in town B but you house hack -- the NWROI may tell you house hack in town B!
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6 June 2024 | 19 replies
I have heard good things about KBKG and they have an online tool for cost basis of 600k and under https://www.kbkg.com/residential-costsegregator I personally used CSSI and they were awesome https://costsegregationservices.com/ but don't offer DIY.Hope that helps!
8 June 2024 | 11 replies
All my personals are never less then 15% most avg 20% NET Good luck
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6 June 2024 | 2 replies
If you ever get sued, a good attorney will make every effort to pull you into it personally anyways.
7 June 2024 | 4 replies
The contractor causes injury to someone visiting the property (instpector, delivery person, etc.).
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7 June 2024 | 5 replies
I was also thinking that this may lower our office building payment which is good for our personal cash flow with other investments moving forward.Thank you all for the advantages/disadvantages and I hope this doesn't come off as an irresponsible thought.Kegan