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1 May 2024 | 30 replies
From what I remember, Utah residential code does not require foundation drainage and therefore, no window well drains (where would it go?).
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5 May 2024 | 2 replies
While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.
6 May 2024 | 62 replies
NO expense, coach, ad expense or what-not required.
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7 May 2024 | 34 replies
It's not just about agreeing on the numbers, you also have to figure out things like: - Financing terms (what rate, duration, amortization schedule)- Balloon payments (sellers typically will require 5yr balloon payment, expectation is you would refinance into conventional financing before then)- Renewal options on above (sometimes sellers can provide another 5 year option to keep seller financing amortization schedule, they can charge a premium for this etc.) - And much more.
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4 May 2024 | 10 replies
You absolutely should block Zelle for someone who is being evicted and require they provide certified payments in full.
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6 May 2024 | 16 replies
Not much capital is required just lots of Hustle.
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4 May 2024 | 10 replies
I used a out of network realtor and had a good experience and success.We have had great success at ocean lakes and love the atmosphere it has, water parks, ocean etc sounds like you have already started researching it's qualities.
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4 May 2024 | 11 replies
I have had two different property management companies in San Antonio and they both required to be named as an additional insured or the fees were going to be higher.
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4 May 2024 | 2 replies
Positive cash flow not required initially if it yields a return later.- Something nice enough (or something that can be rehabbed nice enough) to Airbnb and enjoy visiting.
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4 May 2024 | 4 replies
That region will require some risk mitigation, and would be better suited for a local flipper specializing in those types of properties vs buy and hold OOS IMO.