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21 November 2024 | 6 replies
Separate LLCs and bank accounts are needed for asset protection, bookkeeping and tax return preparation.
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22 November 2024 | 6 replies
I've been looking for off-markets on Facebook groups lately.I've prepared some acquisition funds.I'm still lacking in research on rehab and refinance.
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22 November 2024 | 12 replies
Understanding tenant rights, maintenance responsibilities, and potential challenges will prepare you for the realities of being a landlord.
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21 November 2024 | 16 replies
Just be prepared for higher rates and possibly stricter terms.
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19 November 2024 | 23 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
19 November 2024 | 15 replies
However, i definitely will get someone to come in to test the mold No insurance on a rental in California?
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23 November 2024 | 38 replies
And also test their market knowledge - which neighborhoods are seeing the best appreciation, do they have a network of PMs, lenders, and GCs, etc.
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19 November 2024 | 6 replies
hence, your strategy is good for you but doesn't make sense in an economic stress test to a lender.
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20 November 2024 | 15 replies
And also try to prepare a buffer for unexpected issues (there's always something!).
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19 November 2024 | 7 replies
I would really encourage you to talk to your CPA to ensure you meet material participation tests and are adequately documented.