15 May 2024 | 4 replies
Loan Options: Utilizing an FHA loan is helpful since it requires little down.
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15 May 2024 | 5 replies
Both of this will likely require real time conversations which will be difficult from India3) Maintenance when tenants are staying - I feel less worried about this as I can have the tenant coordinate with my chosen vendor (that I already have or can potentially find from India by talking to them on phone at night time in India / morning in the US).
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15 May 2024 | 48 replies
I estimate 3k for closing, 65 per month for taxes(that came from Zillow), got a quote of 309 per month for insurance, 10% repair and maintenance, 5% for vacancy, and 5% for cap ex.
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17 May 2024 | 1 reply
For example, if both partners, track finances and no one tracks maintenance.
17 May 2024 | 9 replies
If the lender is requiring you to put 30% down on a flip, its likely because the deal itself doesn't look great and they would want you to put more 'skin in the game'.
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17 May 2024 | 8 replies
On what planet can you get financing for 19 properties where the bank doesn't require a full set of financial statements prepared by a CPA?
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18 May 2024 | 10 replies
The last time he ran away it required a $1000 visit to the vet.
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17 May 2024 | 4 replies
@Jay DeckerThe great thing is that you live within Washington State which does not have a state income tax.You may be required to file a non-resident return with Ohio and Iowa.
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18 May 2024 | 15 replies
He may stop doing it as a courtesy, or you may need to explain that it's a requirement to keep working together and he needs your work so he stops taking other work, or he may say that he can't afford to pass up the other work and you can negotiate a better pay scale or a bonus for timely completion.
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16 May 2024 | 2 replies
It seems like no one ever thinks to get this regular maintenance done.