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28 March 2024 | 7 replies
remember your first home is not your forever home, it's your first rental so it doesn't need to be everything you want.look for homes where the bones are good, but cosmetically needs love. don't by pre 1960 if you can help it. you'll end up just having to replace all the guts like plumbing and electrical at some point. it's inevitable. look in areas where the path of growth is headed, but might not be currently. think 5 years out. look for resources like your local chamber of commerce to see what businesses are coming in and where. your city planning office should also be on your call list as they can help show where most permits are being pulled for development. follow the money. go to local investing meetups. crowdsource local knowledge and form meaningful relationships. those who've gone before you typically will help out and help you avoid the mistakes they've already made. onward.
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27 March 2024 | 4 replies
Was never 100 percent sure if you could or not, but can you theoretically house hack a commercial property (such as an apartment building) in order to get the low down payment?
27 March 2024 | 6 replies
The credit committee is usually made up of local people who are familiar with the market they are in.
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27 March 2024 | 9 replies
I use QBO for all my clients as well and use the Plus subscription for Real Estate clients, because they need the Class Tracking feature in order to properly prepare for their Tax Return.
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27 March 2024 | 11 replies
The key is to only do this for 14 days or less… then you don’t have to report that money as income you made but can still count it as an LLC expense.
27 March 2024 | 6 replies
Fixed the roof and they said there was no evidence of any repairs ever being made in the area.So I had to fix the roof exactly where he supposedly had the guy his broker uses fix.
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27 March 2024 | 2 replies
What made you interested in investing in this type of deal?
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27 March 2024 | 0 replies
What made you interested in investing in this type of deal?
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28 March 2024 | 10 replies
Not sure who this guy is but looks like some yahoo document someone made up from some divorce attorney.
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27 March 2024 | 6 replies
If they started the application before you made any changes, then you should honor it at the rate they were offered.