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23 August 2024 | 1 reply
We spent too much remodeling it and dropped the price too quickly in a softening real estate market.
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21 August 2024 | 3 replies
I'd really appreciate the chance to review the terms and conditions before making any decisions.If you've gone through this process and have insights to share, I'd love to hear about your experience too.Thanks in advance for any help you can offer!
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23 August 2024 | 29 replies
Also what type of markets have seemed to support this model best?
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21 August 2024 | 7 replies
Separating Y and taxing it as an S Corp could be beneficial if you're looking to take advantage of those tax savings, but only if Y's profits justify the additional administrative burden.Rental Agreement for Home Office:Yes, you can lease your home office space to your LLCs, but it’s crucial to keep everything documented and ensure the rent charged is fair market value.
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23 August 2024 | 4 replies
Many lenders avoid these deals due to the low resale potential, but I'm curious if there are any loan products available for this price range, especially in markets like the MidwestAlso, does anyone know if any lenders are bundling multiple low-cost loans to meet minimum loan thresholds?
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23 August 2024 | 1 reply
Finding deals has always been my biggest challenge and I've leveraged wholesalers, RE agents and my own marketing to find properties, but still not the greatest amount of deal flow.
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24 August 2024 | 1 reply
He has been in the business in the area for 30+ years so he knew the ins and outs of the market.
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23 August 2024 | 8 replies
Determine what strategies you want to do and connect with realtors in the markets you want to invest in.
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23 August 2024 | 11 replies
They often have access to listings before they hit the market and can provide insights on upcoming opportunities.hope this helps-