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19 March 2024 | 7 replies
But if you're looking to beat rent, get *closer* to breakeven or even cashflow (depending on rent strategy) then definitely check these out and reach out anytime with questions.
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19 March 2024 | 16 replies
If you get a property for $15k at auction here in SFL and it's worth $250k, you just lost your money 99/100 times.A $55 title check goes a long way.Only options you have is to rent until bank kicks you out to try and recoup some investment, if it needs fixes don't put money into it, you will not get a penny back from anyone.
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19 March 2024 | 12 replies
Also check out the IRS Fact Sheet FS-2008-18.
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19 March 2024 | 11 replies
So glad I checked in here first.
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18 March 2024 | 23 replies
Check with your company’s plan.
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19 March 2024 | 11 replies
It's a good idea to keep an eye on any rule changes and check resources like the City of Chicago's website or talk to a local lawyer who knows about short-term rentals.
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18 March 2024 | 4 replies
These typically do not require any personal credit checks and are directly based off the property in question.On top of the $10-15k as a down payment, do you have any capital to invest into the property?
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19 March 2024 | 30 replies
I do wonder if I leads to more inventory though, I have for instance another client that this 2.5% might be the difference in deciding to list or not, for sellers without a lot of equity that 2.5% can be the difference between writing and check or not, which in addition to some people not having the money to cut a check is also a huge psychological barrier, there are probably even some people on the margins who have in thier head they will only sell if they can net 100k in profit or some random number like that.