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9 February 2025 | 10 replies
@Heath D Wallace operates as a property manager?
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20 January 2025 | 1 reply
Set on 3.3 acres, this home has everything your buyers are looking for: a brand-new septic system, a state-of-the-art wall-hung boiler with radiant heat, and a stunning new kitchen complete with updated appliances and an island for gathering.
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30 January 2025 | 4 replies
I put $6000 into repairs, mostly paint, new light fixtures, new appliances, painting cabinets and fix a small leak coming from the roof.
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6 February 2025 | 1 reply
According to the telephone operator it was snail mail only for Articles of Incorporation.
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30 January 2025 | 0 replies
Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution.
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11 February 2025 | 0 replies
New here, does anyone know if you need any special license to own, operate or expand a facility in Michigan?
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11 February 2025 | 69 replies
I know we generally talk about redlining in terms of access to mortgages and other financial instruments, but doesn't NAR have some policies around it too and how real estate agents operate around the topic?
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2 February 2025 | 13 replies
If you have an LLC operating in another state but you reside in CA they make you REGISTER that LLC as a foreign LLC doing business in California.
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7 February 2025 | 5 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
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6 February 2025 | 5 replies
I asked Pace Morby and Jamil Damji this question and legally, yes you have to operate as a foreign entity in every state you're doing business in.