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3 July 2024 | 6 replies
Also u have to try to make sure they are paying their suppliers.A few years back I was building a housing subdivision and my underground guy was giving me pause.and So we checked with his pipe supplier and his Gravel supplier..
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3 July 2024 | 12 replies
I have the funds to out down 20% (about 100,000) but wouldn't it make more sense to let my tenant and equity pay for that?
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4 July 2024 | 18 replies
STR in those areas do well year round because of fall colors and ski resorts and snow mobiling if they are on a lake, but on the flip side you are paying significant more because they serve dual purpose.
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7 July 2024 | 89 replies
Someone might wish to make the same cash-flow with double the doors because they generate SUBSTANTIALLY more wealth in the long run from mortgage pay-down and market appreciation with the increased doors and increased use of leverage. 4.
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5 July 2024 | 19 replies
I'm not familiar with your city but I've seen similar group homes pay up to 5x the standard rent and sign longer leases like 3-5 years.
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3 July 2024 | 7 replies
My plan was to start selling a house or 2, in maybe 8 months once the tenant pays down the mortgages a bit more.
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3 July 2024 | 8 replies
Don't let it stop you from investing in the future. in the meantime, how much personal cash flow do you have to pay the mortgages?
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3 July 2024 | 6 replies
Note that CA tends to have higher tax rates so if CA taxes $10k of rental income sourced in Ohio at a 9% rate, but you only paid, say, 4% to Ohio, maybe you'll get a credit for the 4%, but you're likely still paying the 5% differential to CA.
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3 July 2024 | 5 replies
As I have always had an in house notary in my company.so the on line notary is new to me.. only thing i dont like is getting charged for it.. just like mobile notary I wont pay for those.. if the title company insist on it I push back ***** and whine and just tell them no way am I paying a mobile notary because its your requirement LOL.
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3 July 2024 | 8 replies
If you have one tenant renting the entire unit, that is another story; however, there are some bills if they don't pay, you are responsible for.