11 June 2018 | 3 replies
We spent $40,000 to restructure our house (basically combine two bedrooms to an airbnb unit).
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5 June 2018 | 3 replies
You can find all the info on my profile.I have no ulterior motives, no NEXT class that costs more, just some basic knowledge to find some deals and either wholesale them or get started in rehabbing.
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13 September 2018 | 39 replies
How do I know what adjustments to make to the comps when I'm analyzing deals...I understand the concept of adjusting values on comps, I'm just unclear about the actual value of, let's say "a bedroom", "a bathroom", "car-port", etc.
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26 February 2018 | 42 replies
The Housing Authority will then inspect the property to make sure it passes some BASIC habilitablity and safety standards, and that’s it.
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18 February 2018 | 4 replies
Basically your looking at a non confirming duplex.
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19 February 2018 | 5 replies
I'm only nearly 5 mos in on my venture but we need to carry the following for our residential care (assisted living) licensed for 41 beds - but we can hold 36 beds in our current configurationGeneral Liability (We buy through an independent broker - basically covers medical malpractice, any slip/falls etc)Workers CompAnd even though you arent interested - Non owned auto insurance in case staff use their own vehicles to run an errand etc, building insurance for wind/hail etc inc general property liabilityAll of this runs around $33k to 36k a year for us - thats before health insurance for us etc - Work Comp is the most expensive part of that mix.Your best bet is likely not to find the coverage by calling yourself - you'll just waste your time - find a broker that can sell you this insurance - as far as limits - some of the limits are state mandated and will be in the regulations.
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17 February 2018 | 3 replies
Hey guys, Here’s my situation, I had bought a 3-family home last year, lived in one of the apartments for a year and now moved back in with my father to get that extra income from the 3rd unit which is basically house hacking.
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18 March 2018 | 23 replies
For more on this, see Nolo's article The LLC Operating Agreement.https://www.nolo.com/legal-encyclopedia/llc-basics...All of which seem to go against getting a loan in your name then transferring to a LLC.
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22 August 2019 | 8 replies
@Annchen Knodt As @Shahriar Khan said, CMA would do the trick since BPO basically comes out of CMA.
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18 February 2018 | 5 replies
There are some basic questions missing. 1) Is the land within the City limits?