
20 May 2024 | 32 replies
.* Call local property mgr's and/or ask for referrals from your relator friends/associates, and ask them for referrals - sometimes they will be nice enough to offer helpful advice, especially, if you tell them you will consider using them when you turn the house into a rental in a yearAs a 27yr appraiser and Realtor/Broker, the paint job has minimal affect on the value, unless it is so bad that I have to mark it down in quality and/or condition.

18 May 2024 | 2 replies
Hey @Coty B LunnI manage my own for local properties but I use a property manager for long distance.

18 May 2024 | 5 replies
I am local and could even view in person to get a real time experience if you like.

18 May 2024 | 4 replies
They are the only local QI that I’m aware of.

18 May 2024 | 1 reply
You may be able to find a local bank that would hold the note if you bought it outright, but anything under $50k and most times under $75k is hard to borrow against...it's just too low for a bank to make any money without triggering usury or State/Federal fee limits like they mentioned.

20 May 2024 | 13 replies
go to local REIA events and just network, see what people are doing and find ways to learn.

16 May 2024 | 4 replies
And *not* junk, they provide you value - a lower rate.Rest assured you'll get an expert on the phone and a great rate(points or not) driven lower with technology from Lower.com.

20 May 2024 | 88 replies
I hosted attorney panels in local REI clubs, and there never was any consensus.In our great state of Texas, your best option could be a Series LLC: one LLC that has individual compartments for each property.

15 May 2024 | 6 replies
I am certainly not a tax expert, but fwiw, I just looked at my closing statement from the purchase of a Brooklyn multi-fam and as purchaser, I paid the following taxes:Transfer Tax Additional Transfer(mansion)taxTransfer Tax Supplemental NYC(mansion)taxMortgage Tax 1st mortgage

17 May 2024 | 4 replies
Jay,I recommend finding an accountant who specializes in real estate taxation over one that is local.