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22 October 2024 | 18 replies
I travel a lot to all my clients back east so I do get out to fine dining on those trips..
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18 October 2024 | 10 replies
While it can be time consuming and pricier due to the fine tooth comb the section 8 inspectors go through the home, at the end of the day you’ve put your property in impeccable state to begin with.
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17 October 2024 | 5 replies
I'm certain it will take working smart and hard yet I'm patient and determined so it should all work just fine.
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18 October 2024 | 8 replies
As long as you have documentation to back up the figures on your 1040, you'll be fine.
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24 October 2024 | 139 replies
You'll pay a premium for their other stuff to supplement your core materials, but that's fine.
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17 October 2024 | 12 replies
I feel a bit stuck in this scenario, and I could use some advice.I'm raising some money from private investors and wanted to run some options by more experienced posters, because I'm a bit unclear as to what the best way is to structure my deals with private investors, or if there are better options that I'm not considering.Here are some rough numbers to capture a deal that is on my radar:Loan amount from investor: $110kYearly Interest Paid to Investor: 7%Monthly Rent from Property: $1300Monthly Interest-Only Payment to Investor: $642Monthly Property Taxes: $71Monthly Insurance Payment: $71Property Management fees: $104Net Cashflow: $412Now, this is not a bad outcome, and I am fine with it, but I am wondering what someone else might do differently if you were in my position - Should I charge an upfront fee to my investor (maybe $5k or so for this deal and also keep the cashflow as my monthly management fee), or would you instead use the $110k from the investor to BRRRR a bunch of deals, or would you try to just use the capital for one deal at a time?
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19 October 2024 | 7 replies
You can store this how you want; 80% HYSA, 20% equities is fine.
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20 October 2024 | 147 replies
What you did is fine, it wasn't like the Columbus Cartel nonsense we see.
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16 October 2024 | 3 replies
@Rodrigo Garcia RiosBeen using rentredi and been fine, if you have bp pro it is free