26 September 2024 | 1 reply
My dilemma is that my mortgage payment is $3100 and the max rent I've seen in my area is $2800 so I wouldn't be able to rent it out.
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25 September 2024 | 14 replies
Ong I commend you being so young and thinking about RE.
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16 September 2024 | 10 replies
Talk to whoever handled closing and find out if you can charge her with theft or something similar (can't think of the name-not fraud) as she has your money.at least you signed paper work in front of a notary, so have a witness and paper trail.
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26 September 2024 | 7 replies
You don't have enough money for the deposit so how do you plan to obtain the necessary funds to cover the closing costs?
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26 September 2024 | 1 reply
And my agent for the replacement was already my property manager for my other rentals so I used their realtor service.
26 September 2024 | 5 replies
So, I try to balance the complexity and cost of having to manage too many LLCs (for example with each property having its own LLC) with the need to simplify the tax filing process.
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25 September 2024 | 6 replies
Alot of details go into pricing out income and expenses so using the BiggerPockets Airbnb Calculator could help see what expected expenses you can expect.
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25 September 2024 | 7 replies
So knowing scope would help narrow down on risk mitigation tactics.I guess at the end of the day, it all comes down to knowing what is needed, order of operations, and having as close to true quotes from reputable contractors in hand.Beyond that, really knowing all that is needed and having those extremely detailed scope of works for each trade before you get your bids.
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26 September 2024 | 10 replies
I asked the architect to stamp the plans so we can get the permit and he responded that he can't stamp the plans, and they shouldn't need them because we can submit the stamped site plan from the surveyor and his drawing together.
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25 September 2024 | 4 replies
The biggest challenge I have right now is choosing a company to set up the homes they are all so expensive.