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6 January 2025 | 13 replies
I did not do a separate criminal background check as I trusted the info from Zillow (Big lesson learned never to trust the Zillow data again in life).
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26 January 2025 | 51 replies
Quote from @Paul Azad: Quote from @Geri Randall: BUYER BEWARE: Goodegg distributions "paused"Goodegg has stopped distributions on the offering I bought a couple of years ago, called Congaree Villas, and has not been forthcoming with revised financial projections that explain why it has done so--even though it says the property is still cash flow positive and has adequate reserves.
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17 January 2025 | 19 replies
After a couple years and a couple different programs I can confidently say skip them all except Vena Jones Cox's the Guru Manifesto.
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17 January 2025 | 7 replies
A couple developers we work with skip LIHTC and the tax credits and go the route of impact funds to help alongside other debt and sometimes equity.
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23 January 2025 | 23 replies
We have been talking about investing in real estate for a couple of years.
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23 January 2025 | 7 replies
However if you have enough reserves, 6mo or greater then I'd say chance it but a couple of missed payments from the tenants and you have to foot the payments out of your own pocket.I'm all for taking risks but I think you really need to evaluate the age of the major systems so you don't get hit with a bunch of cap ex all at once as well as your reserves.
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24 January 2025 | 5 replies
This exclusion allows you to avoid recognizing up to 250,000 of gain (500,000 for married couples) on the sale of your primary residence.Regarding your investment property in LA, it does qualify for a 1031 exchange.
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21 January 2025 | 8 replies
I've tried a couple - truepeoplesearch, white-ages, property radar, leadsherpa, batch leads...Some services are better than others, but it is a numbers game and you also can cross check between different platforms.
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27 January 2025 | 6 replies
If you were renting to an only a couple as a long term tenant and they beat each other up (domestic violence) your liability is minimal.
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18 January 2025 | 15 replies
You will appreciate what a couple of month of effort and education can do for your credit with very little financal output.