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26 June 2024 | 15 replies
Since, you will have to do business with them on your properties on a personal level.
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25 June 2024 | 1 reply
This would allow you to secure funds without placing a lien on the new property.Personal Loan:Investigate personal loans from banks or online lenders.
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26 June 2024 | 22 replies
Buildium has this statement, hopefully your PMC knows how to generate it.You should be able to give your tax professional the 1099 and annual statement, along with property tax, insurance, etc. bills you personally paid and that's it.I think Buildium even allows the annual statement to be sent in CSV format, so you could just add the expenses you paid to that.
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25 June 2024 | 5 replies
A great way to network and meet people in your local community is to attend in person meet ups.
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25 June 2024 | 14 replies
I personally use this for my biz and know of many folks who have cold calling service using this.
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24 June 2024 | 3 replies
If you're comfortable meeting in person, I would follow up with an email outlining what was said in person to the tenant with the resolution of the conversation also in the email.
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27 June 2024 | 26 replies
It's similar to how you report it for tax purposes in years where you aren't selling it, you report 50% (or whatever % is allocable to each side) as rental property and depreciate that 50% while the other 50% is your own personal residence and therefore is not part of Schedule E.
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24 June 2024 | 4 replies
Last year we were able to connect an investor of a coastal six plex with our personal credit union and due to strength of borrower and property, they provided a non-member with a 25% down mortgage with a 25 year amortization on a property the seller was requiring 'cash only' due to the presumed challenges of multi family financing.
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25 June 2024 | 4 replies
Hi Ashwin,I do not personally know about this area, but I can give you some insight on how to go about finding out: Investing in properties near I-44 around 63rd and Kelley in Oklahoma City requires careful consideration of neighborhood dynamics, rental demand, and property condition.
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25 June 2024 | 3 replies
As that will at least help folks that you reach out to know that you are a real person, with a picture and professional bio.