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10 October 2018 | 6 replies
We have taken the first steps to building your empire.
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11 October 2018 | 25 replies
When an investor purchases the property the only money they will/should spend out of pocket is the initial down payment and closing cost.
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11 October 2018 | 3 replies
Be prepared to pay much more initially but it will reduce wear-and-tear, cut down on cleaning costs, and you could even learn to install it yourself to cut costs.
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13 October 2018 | 5 replies
Despite the initial research suggesting how difficult it is to make money in this area, I want to stay optimistic and believe it's possible.
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23 October 2018 | 73 replies
Leave him alone and give notice prior to the end of his lease that you will not be renewing.It isn't a problem until it's a problem and even then it is not your problem since you did not initially rent to him.
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10 October 2018 | 12 replies
Eliminating the food source is the first step to solving the problem.
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10 October 2018 | 1 reply
When adding an analysis, one must keep clicking NEXT STEP at the bottom of the pages to get to the next step.
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11 October 2018 | 3 replies
Have a few peads in my home town have some people I can send to even inspect if I was to get anything under contract just would like to know the proper steps to take beginning this process thank you!
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11 October 2018 | 9 replies
Good point, as soon as I stepped in I knew I should have inspected it before the appraisal and will going forward.
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10 October 2018 | 5 replies
A 645 election can be filed to combine the Estate/Trust into one entity for tax purposes (I do this 99% of the time).You should speak with your CPA (who is specialized in estates/trusts) to confirm the disposition of assetsConfirm that you can take the assets outright, as opposed to further in trustGenerally, step up in basis of all assetsIf you are renting the property, you would want to get it appraised, as this will re-start depreciation.More potential implicationsSpeak to your CPA and attorney to make sure everything is handled correctly.