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18 July 2018 | 6 replies
@Christy Holt it isn't your primary residence, so the bank factored that into your interest rate.
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21 July 2018 | 12 replies
Keep in mind that the 4-5 cap dogs are being purchased by operators like me who are expecting to drive the cap rate to a 10-12 cap within the first year.
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19 July 2018 | 0 replies
I plan to transfer companies of the same profession but until I do will be making the commute between home and work 2 hr drive.
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26 July 2018 | 8 replies
Agree with other posters that if you have lost trust in this contractor, even if cost more, you need to cut your losses and find a new one.As to what to do with the existing contact; depends on a number of different factors having to do with the size of the contractor, how big the contract is and emotionally just how upset you are about things.If this is a small contractor then there are likely few if any assets in his company and it is generally very easy to shutdown one LLC and start another one with a similar name so suing them is just a money pit; its not fair but very common.
10 August 2018 | 22 replies
Because a 2-4 unit property will serve as a forcing function to drive a multifamily deal with "training wheels," so to speak, before moving into larger multifamily deals (where folks should ultimately aim to focus in their bigger strategy, in my opinion).
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1 August 2018 | 2 replies
I collected a list of homes from driving for dollars now then I used my tax assessor website to locate the owner how do I find the new address for the owners or new telephone for them?
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25 July 2018 | 22 replies
You might be able to defer them through owner financing or 1031 exchange (not sure how that would work if you have HML) but ultimately you have to factor them in your investing strategy.
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25 July 2018 | 3 replies
BTW, long term goals are buy and hold single family or duplex homes within driving distance.
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21 July 2018 | 11 replies
Some of your personal perceptions may come from this background.Some of the factors making 1031s easier than ever to successfully accomplish are:1.