26 November 2024 | 13 replies
Combining this with other tax-deferral strategies, like maxing out your IRA, 401(k), or solo 401(k), can help significantly reduce your tax burden while aligning with your personal values.
26 November 2024 | 9 replies
I'm in this strange position of being out of state and unfortunatley not having the time to visit or gain personal expertise.
26 November 2024 | 2 replies
.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
26 November 2024 | 11 replies
A person should never focus on minimal $ down, they should focus on the deal, a "deal" worth buying, operating, the strategy, because the $ is always out there looking for a place to land that's safe.
26 November 2024 | 8 replies
Is it one investor per deal, then they would act as a private lender and that typically includes a note, deed of trust, loan agreement, personal guarantee, assignment of rents and a few other docs.
26 November 2024 | 5 replies
Looking forward to connecting in person.
26 November 2024 | 9 replies
For the first part of your question even if you were working with a realtor, I don't personally know many that have a true pulse on rehab costs and I wouldn't make any investment decisions based on their rehab cost projections.My suggestion would be to study how to evaluate the Big 6 rehab costs: roof, siding, windows, HVAC, electrical, and plumbing.
26 November 2024 | 22 replies
I have met him and to my knowledge he is an upstanding person.
26 November 2024 | 4 replies
Mobile homes in a park are still taxed as personal property and the cost is anywhere from $50 to $200 per year.
26 November 2024 | 25 replies
Thank you You are obviously a sincere young person looking at improving your financial position.