1 June 2021 | 3 replies
@Dean VelodotaThis arrangement sounds complicated.An LLC is an entity that is meant to hold business assets.A house-hack is normally an asset that is partially business and partially personal.I don't agree 100% that you can write off the expenses towards your side because that would mean you are attempting to deduct items that are personal in nature.Good luck with whatever decision you decide to report it for tax purposes.
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1 June 2021 | 10 replies
As I said, the redemption period is 2 years normally.
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31 May 2021 | 0 replies
I had the capital and I did enough research and I didn't feel like I was gambling.
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31 May 2021 | 1 reply
I had the capital and I did enough research and I didn't feel like I was gambling.
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31 May 2021 | 0 replies
But not only is that hard to do normally, it's nearly impossible these days with shortages and huge price hikes on key building elements, including lumber and labor.
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2 June 2021 | 3 replies
A hypothetical comparison for example:Say a normal fixed-rate mortgage could be obtained at 5%Now compare this to an ARM where you could obtain a 4% interest rate for an initial period of 5-10 years.
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3 June 2021 | 12 replies
During "normal" times, I would not think twice and proceed with non-payment filing asap.
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9 June 2021 | 3 replies
Normally I say about 8% to sell, by the time you pay realtor commissions and closing costs.You can calculate your returns, but your profits/investment and compare the returns to other investments you might consider.
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31 May 2021 | 1 reply
This shop appears to have longevity, so that’s a good sign at least.The Pizza Place has been in business since 2005.Asking Price is $79KAnnual Revenue is $475KCash flow is $75K Net profit not disclosed.My first question with buying a business such as this is, do you normally have to pay the full $79K up front or do they take a down payment like any other real estate deal?
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3 June 2021 | 8 replies
After many hundreds of doors we have had only 1 tenant push back on taking care of the lawn, but that is normal locally.