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19 August 2024 | 4 replies
Hi Ambrea,To get into fix and flips, I started by focusing on a few key steps that helped me find success:Educate Yourself: Learn the market, analyze property values, and understand rehab costs.Build a Network: Connect with real estate agents, contractors, and lenders.Secure Financing: Consider hard money or private loans for quick capital.Find the Right Property: Look for undervalued homes in growing areas.Create a Detailed Plan: Budget carefully and have a clear timeline for renovations.What worked best for me was staying disciplined with my numbers and always having a solid team in place.
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21 August 2024 | 5 replies
As an out-of-country investor, it’s crucial for me to work with trustworthy people, and Mark has been exactly that.
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20 August 2024 | 0 replies
He will no longer deal with the title company and this lawyer so I have chosen to seek a new attorney based title company to be sure no more legal issues arise to delay this further since the family member will sign but not to these people.
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20 August 2024 | 19 replies
Then go down and ask people in that unit and confirm if there was any leak.
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21 August 2024 | 9 replies
Maybe 1/2 hr with a Bobcat or tractor and youre done....and then you have nbetter access for people working back there.
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19 August 2024 | 4 replies
Sal,I appreciate your interest in my family's company and understand your analysis paralysis.
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21 August 2024 | 15 replies
I have a relative who works remotely, and he moves to different locations throughout the US and pet-sits for people who are traveling.
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20 August 2024 | 8 replies
Consider paying down the high-interest debt strategically if it outweighs the potential returns from new investments.Additionally, understanding Real Estate Professional Status (REPS) and Short-Term Rental (STR) tax savings can significantly reduce your tax bill while building your portfolio, enhancing your overall financial strategy.
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19 August 2024 | 3 replies
If it's a County island, there is an understanding between the Cities and the County that they will work hand in hand.
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20 August 2024 | 10 replies
You can use an entity creation platform like Zenbusiness or Legalzoom to incorporate but you'll want to make sure you understand best tax / legal structure before you use one of these platforms to create an entity.