
16 October 2020 | 9 replies
I am reading and studying real estate investing for the time I’m still in and feel comfortable jumping right into house hacking once I’m out.
20 October 2020 | 5 replies
SBA lenders would also feel more comfortable that I own real estate that they can use as collateral against the SBA loan. 4) Use the cashflow of the business to pay back the HELOC, and build back equity in the house over time.5) Use leftover cashflow to cover living expenses and reinvestment.Am I thinking this through correctly?

6 November 2020 | 18 replies
I recommend a Post Compliance Lead Determination (PCAD) every 5 years or so.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

15 October 2020 | 3 replies
Probably after 3-4 purchases, then I'll be comfortable closing on a sale without a realtor from 2000 miles away.

17 October 2020 | 7 replies
If you delead, and maintain the standard, you will be in the clear.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

28 November 2020 | 10 replies
Have to jack up 3 stories of floor joists which is not something I feel comfortable doing unless it’s vacant.

15 October 2020 | 6 replies
Feel free to work with the one you feel most comfortable with.When you work with your accountant - you will want him/her to review the last couple of tax returns you filed since you did them yourself to determine if there was any errors/rooms for improvement.Owning more properties and in multiple states does add to the complexity of your tax return.

16 October 2020 | 9 replies
So you’ll really want to feel comfortable with the refinance part of this transaction as the LTV tends to be about 75%, so you’ll need to ensure you gain that amount of equity with your renovations.

16 October 2020 | 12 replies
I cash flow on my first duplex an amount I am comfortable with and I will cash flow a comfortable amount with this other duplex.

15 October 2020 | 2 replies
So I always known since I was a child I wanted to be a real estate investor just from seeing my parents work so hard to give their hard earned money to landlords, investors ect.