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14 February 2025 | 15 replies
Zinus GreenTea 12" or the equivalent.
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11 February 2025 | 25 replies
*I'll try to update this post if any updates or improvements are completed, but since November there have been no improvement or fixes.
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11 February 2025 | 12 replies
STR loophole or strategy is a great way to help defer taxes.
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10 February 2025 | 3 replies
Do you make them under the original owner s name or my own name ?
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17 February 2025 | 0 replies
The reality is that imposing expensive and time-consuming sprinkler installation requirements will drive property owners to either scale back necessary renovations or avoid permits altogether.Currently, when owners propose substantial renovations, they are often informed that their projects will require sprinkler systems, which can cost around $45,000 for a typical three-decker.
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21 February 2025 | 2 replies
.$25,000 in the Bank823 credit score3-5% revolving utilizationvery little debtZERO experience in anything real estate or construction relatedKnowledge acquired from listening to 123 audible books over the previous years14 months later...$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.
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20 February 2025 | 4 replies
Here are some key things to consider:Find a Sub-To Friendly Title Company or Attorney – Illinois is an attorney-close state, meaning real estate closings are typically handled by attorneys, not title companies.
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16 February 2025 | 2 replies
Neighborhood Scout is not going to cover any shortfall you have if it doesn't materialize.you could try finding a bank or broker that will do 80% out on a refi, although probably not possible to close by the end of this month.
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10 February 2025 | 59 replies
Please feel free to DM me on here or shoot me an email.
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20 February 2025 | 15 replies
And yes, a good CPA will know state taxation laws, or the ability to research said laws.