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4 June 2024 | 10 replies
This model provides a lot more accountability as the interest have to be mutually aligned since that provider will be married with you through the longevity of the investment.
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7 June 2024 | 10 replies
@Caleb Brake I have investments in Lewisville and it is true that Lewisville and surrounding don't have any 2,3,4plex.This is not to say that there isn't any but it has turn out that the duplex available are been sold individually as residential and not income because the sale price is higher that way.SFH with a down of 40% / 50% in Lewisville will give you a good return.
5 June 2024 | 0 replies
Are there any considerations I should be aware of and account for when under contract with a property owner who has an assignment contract with a wholesaler/investor?
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6 June 2024 | 3 replies
Might not be right either since the property wont be income generating since the tenant had to move out to get the repair fixed.Worth it to “fix up” to make more sellable for higher ROI?
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6 June 2024 | 3 replies
It is not being marketed properly to create income.
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5 June 2024 | 4 replies
Our household income is currently $320k pre-tax, but I might be getting a new job soon, which could bump our income to around $380-400k pre-tax.Initially, we planned to buy a property and convert it into a duplex, but with houses in our area starting at $650k, we've started considering a different approach.
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4 June 2024 | 5 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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5 June 2024 | 21 replies
Batchleads billed my account Twice on the same day $39 And $59 for totaling $98.
5 June 2024 | 5 replies
@Austin JamesUnderstand the area, the current tenant base,the median income, is it in a flood zone, the age of the asset, the condition of the plumbing, the electrical wiring, the fuseboxes, the age of the roofs, the age of the mechanicals, the condition of the foundation, the drainage of the property, does the property have a C of O, is there ny environmental concerns such as oil tanks being buried, the current property management company, what are the amenities.These are just a few things to look out for.
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6 June 2024 | 3 replies
My experience is that condo associations typically charge so much in monthly HOA fees that any potential investment income gets eaten up by that fee.