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12 July 2024 | 4 replies
To save money on closing costs and interest.
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12 July 2024 | 17 replies
Negotiating a security deposit amount is not a red flag for me, especially with over $10K in estimated moving expenses (professional movers) and move-in costs (1st month and security).
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12 July 2024 | 3 replies
(15T X Sale price, minus sales costs, minus purchase price, minus a capex.
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10 July 2024 | 35 replies
Or would this make more sense to rehab and flip if i'm going to go out and get such funding?
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11 July 2024 | 4 replies
What's the rehab look like?
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7 July 2024 | 0 replies
We used hard money financing and put approx $200,000 into the property in rehab.
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12 July 2024 | 10 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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12 July 2024 | 8 replies
Because of material participation (I self-manage)/bonus depreciation/cost seg, we’ve been able to get all of our taxes back both years so far.We cannot keep going the way we have for two years, so that’s not an option.
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8 July 2024 | 1 reply
(not counting the state LLC cost) I am not going to respond to your SDIRA/LLC consulting service unless you are a lawyer or can quote me a cost.
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11 July 2024 | 9 replies
G’Day BP folks,A fellow Toledo investor started a Facebook group revealing all local scammers.Mostly contractors.10+ years of investing in Toledo and stopped counting at $1m in losses.It’s just the nature of the beast and the cost of doing business in my eyes.Unfortunately, Toledo is notorious for bad operators and poor quality of workmanship in many industries.Maybe this group will help you not loose the same amount of cheese that I did $$$You’re welcome 😇 https://facebook.com/groups/786864700099337/