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22 June 2024 | 20 replies
@Jarrod Ochsenbein To meet the IRS requirements to qualify for REPS you need to meet the following criteria: More than 50 percent of his/her time working in real property businesses; AND, More than 750 hours of service during the year.
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23 June 2024 | 105 replies
One topic I think would be interesting to address is showing data demonstrating the average insurance coverage limits based on home value.
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22 June 2024 | 13 replies
With the products & services feature, you track each 'phase' of the rehab.
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21 June 2024 | 11 replies
I would want to know the debt service coverage ratio the lender looks for to ensure the loan amount won't change in the future.
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22 June 2024 | 2 replies
Tenants typically pay around 30% of their adjusted income towards rent, with the government covering the rest based on local payment standards.
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21 June 2024 | 20 replies
I see based on your profile picture that you understand the importance of reps :) Just like lifting weights, there are a lot of different niches within REI, so I would find one you like and then find people doing it full-time.
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22 June 2024 | 10 replies
I am thinking of a system where my investor-based agent gives me a ball park, and after that I pay contractors to go in and give me itemized bids, what do you think about that?
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20 June 2024 | 22 replies
I would LOVE any local people to touch base!!!
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22 June 2024 | 4 replies
It seems like everyone focuses on choosing certain states based on rental laws and fees and fails to mention the the primary LLC should be in the state where the property is- in which case the the other state options are not helpful.The wyoming legal office did offer to set up a parent company under which my other LLCs be owned-- which I understand that concept.Thanks again!
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21 June 2024 | 33 replies
Keep servicing at the current company on a performing loan.