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26 November 2024 | 6 replies
I took a 3rd loan of $45,000 from a family member on a 36 month non-recorded loan to help with the down payment costs.
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26 November 2024 | 3 replies
Ensure your records include details of any hired help and the tasks they performed.
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25 November 2024 | 3 replies
If we are checking property tax records, should we not buy a home where different LLCs (investors) have owned it and sold it every 2 to 3 years?
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25 November 2024 | 12 replies
I invested in a syndication, but it was with an investor that had a long track record.
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26 November 2024 | 5 replies
I've seen investors allocate 5-10% for capital expenditures (capex) and vacancy, but you won't have a clear understanding until you've owned the property for a few years and established a track record.
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26 November 2024 | 9 replies
To everyone on the wholesaling forums, understand this:Focus on learning from those with real experience and a proven track record of success.Don’t waste your energy on negativity.
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25 November 2024 | 7 replies
Zillow and online county property records for sale prices.
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25 November 2024 | 16 replies
Some lending attorneys now recommend interviewing your borrower in a recorded Zoom call, using scripted questions, to document their intentions.Your list and communication clause comments, @Jonathan Chan, appear to reflect a do-it-yourself approach.
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25 November 2024 | 19 replies
Be very clear that they must transfer the deposit along with a complete set of tenant records (application, lease, payment ledger, etc.).
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25 November 2024 | 5 replies
Focus on building strong business credit through timely payments, low debt levels, and solid financial records, which carry more weight than the name alone in establishing creditworthiness.This post does not create a CPA-Client relationship.