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25 June 2018 | 6 replies
You want to be able to keep track of all details regarding your property and you can do that through the Fixed Asset Items List of QuickBooks.
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25 June 2018 | 11 replies
The best way to stress test depends on the market, portfolio, and the asset class.At the end of the day, both are solved by having adequate reserves, not sucking every last dollar out of your property, and having manageable expenses.
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31 August 2018 | 18 replies
@Tom Rychlewski Have you actually obtained quotes for removing the tree?
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28 June 2018 | 15 replies
Homes are fixed assets and are harder to unload.
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25 June 2018 | 4 replies
I am also well versed in Agile methodologies which I feel is underutilized in the real estate industry and will give me an asset to bring to the table with future partners.
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24 June 2018 | 2 replies
If you are serious about investing then you should definitely get an LLC to protect you and your assets BUT do that in conjunction with implementing all your marketing.You have nothing to protect if you never get a deal.
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26 June 2018 | 3 replies
In addition, LLC's are for asset protection and most people buying these types of properties really have very few assets to protect...
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25 June 2018 | 9 replies
My goal is to obtain passive income through multi- Family rentals.
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25 June 2018 | 6 replies
I have made the decision to obtain my preapproval upon arrival back in the states and start my search for my first house hack at that time.
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25 June 2018 | 12 replies
Here’s the stats - -$500 to activate line (credited back if deal closes in 90 days)
- 3.5 % origination fees
- Close to 10% rate
- Each project is reviewed/underwritten by FoA, which could take up to 30 days
- Up to 90% acquisition & rehab, I believe
- Standard draw rules on rehab side - Line is up to 5x of assets, equity in home, 401k, etc- Line has to reset to zero once per year