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2 July 2024 | 4 replies
Strategies like REPS and short term rental loop hole can be complex and expensive to get wrong from a time and money perspective.
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2 July 2024 | 3 replies
The seller won't require an appraisal like the way a bank would, but you want to make sure you're not overpaying.- Use a good attorney for the paperwork that has experience with seller financing transactions.- Do your due diligence: you want to make sure the property isn't full of problem tenants or code violations, and the seller is just using the financing to dump their property and problems onto you.Hope that helps!
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2 July 2024 | 1 reply
You cant just straight up finance every single cent of a purchase transaction - there are typically downpayment requirements and closing costs than cant be rolled into the loan.
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1 July 2024 | 1 reply
The QBO class tracking feature, found in the more expensive Plus and Advanced versions, is used by many investors.
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2 July 2024 | 0 replies
Coordinating a same-day sale required precise timing and efficient communication.
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2 July 2024 | 0 replies
Managing the $40,000 renovation budget required careful oversight to ensure timely completion.
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1 July 2024 | 12 replies
But you can run it all personal as long as you keep track of paying yourself back for any business expenses that you personally pay.
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2 July 2024 | 0 replies
Managing the minimal $1,500 renovation budget required careful oversight to ensure the best use of resources.
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2 July 2024 | 0 replies
Coordinating a same-day sale required precise timing and efficient communication.
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2 July 2024 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?