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11 September 2024 | 3 replies
Hit me up if you want to learn more.I wish you all the best.
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4 September 2024 | 8 replies
Initially signed up for property management for few months before I'm mentally prepared to start self-managing.
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5 September 2024 | 4 replies
There are some additional things that could help determine which loan product is best for your situation.203k Best When:- Credit scores 680-720 or less- Renovation will improve the value of the home more than 75%- Renovations will be on or in the home - no new yard projects, only fixing existing- Higher Debt To Income (can get approval with up to 56.9% dti)HomeStyle Best When:- Purchase + Renovation costs will come in higher than FHA Limits- Home improvements will only improve vale 75% or less - 720+ credit or 20% down (of purchase price + reno cost) to avoid PMI- Exterior Projects (fence, hardscaping, pool, outdoor kitchen)- Lower Debt To Income (sometimes as high as 50%, many times between 45-50%)- Renovations that are greater than $35,000 (soon this will move up to $75,000)Happy to answer any other questions that you may have!
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11 September 2024 | 2 replies
Hi,My wife and I purchased a home last August and set it up for a STR.
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12 September 2024 | 10 replies
Are individual (for each rental property) passive losses not allowed to be sum up together to offset capital gain of the sale of one of the properties?
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11 September 2024 | 20 replies
I understand a duplex may have an Accessory Dwelling Unit (ADU).The objective is to get a permit to change the windows, put up siding, and add a fence.
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10 September 2024 | 8 replies
You're in a tough spot, but here’s what you can do:IRS Payment Plan: Set up a payment plan with the IRS to spread out the $200K tax bill.
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10 September 2024 | 21 replies
I typically walk the properties for them, facetime and help analyze the deals prior to them coming up to view themselves.
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10 September 2024 | 2 replies
My company also provides insurance, 401(k) matching up to 4%, 2 weeks PTO that can be used immediately, profit sharing ($1200/year), and weekly bonus/commission opportunities.
11 September 2024 | 9 replies
And they were doing well up until recently where they are now -$200/month in cash flow because of insurance costs.