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1 April 2024 | 15 replies
PA & OH allow 4-5 homes a year to be sold w/o a license; PA requires a vehicle dealers license for new homes, but a traditional RE license is ok for used homes.
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1 April 2024 | 67 replies
Fake financing is allowing you to pay in installments but entirely by the delivery of the property as opposed to paying 100% at the signing of the contract!
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2 April 2024 | 59 replies
"Texas is one of the few states that allows parties to recover attorneys’ fees even if the contract itself does not contain an attorneys’ fees provision."
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29 March 2024 | 5 replies
Tenant did not maintain bath vanity and it sustained irreparable water damage.Unfortunately the vender does not sell the drawer face individually, but only sells the entire vanity. Should I guesstimate how much a draw...
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1 April 2024 | 27 replies
Is it possible to succeed, of course, but most fail because they really don't know what they are doing.In the past, got deals prior to MLS which allowed me the best opportunity to wholesaler today, that is no longer possible unless you direct mail advertise to motivated home sellers.
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29 March 2024 | 32 replies
In general, travel for business(education, networking) is deductible if you are already in a trade or business(I.E. have a rental, flip).There are unique rules to deduct foreign travel costs.attendees may have a more difficult time writing off the cost of the trip if they add significant vacation days(no business) before or after the trip.However, you can plan properly to make the trip 100% deductible.
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1 April 2024 | 20 replies
Forced Apperception (BRRRR or buying at a discount) allows me to build in equity from the beginning.Market Appreciation is where you will make the most money over a 10-year period but is the least predictable.You typically cant get a second position loan or HELOC from an investment property.
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30 March 2024 | 10 replies
I'm inclined to allow it, seems like a common request these days.
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1 April 2024 | 15 replies
If you are this close to the border or cost you need to purchase through a corporation or through a bank trust (Fideicomiso - Think of this trust to be similar to an inheritance trust or a living family trust in the US.)At all times you are the legal owner of the property, the best way to see it is as a permit or license that allows you to purchase, use, enjoy, rent, renovate, inherit, etc. a property in this zone.
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31 March 2024 | 14 replies
This allows you to save money on rent or mortgage payments while building equity and generating rental income.Investing in Short-Term Rentals: While you may not have the funds to invest in short-term rentals immediately after college, you can work towards that goal by saving money and building your credit.