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1 October 2018 | 9 replies
Last year was the turning point for me as I made more money in a single year than I ever had before.
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26 September 2018 | 1 reply
Is buying a single family home best or multi family home?
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28 September 2018 | 4 replies
Current scale: about 200-300 pieces per monthI mail to each owner once per month for at least 3 consecutive monthsI have a single postcard template that I send every time (see below)The website is a simple landing page where the prospects type in some general info and submit a form.
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2 October 2018 | 13 replies
Turnkey properties (along with any single family investments) carry significant tenant and capex risks.
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8 December 2019 | 6 replies
For example, the tenant didn't replace a single light bulb or the tenant took the batteries out of the smoke alarm...it seemed it kept going off when they were smoking apparently.
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3 October 2018 | 7 replies
I have no past real estate experience outside of paying rent BUT I'm currently looking to get my start in investing through wholesaling and scaling my business up to a focus on renting/flipping muti-family units and some single family flips and wholesales.
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26 September 2018 | 5 replies
Live in is a good strategy especially if you will live there for 2 years or longer (section 121 of the Tax code) you will not pay tax on gains up to $250K single or $500K married, keeping that in mind markets change, so consider where we are and where you think you will be 2 years from now. also consider if you are there less than 2 years the gains are taxable at a very high rate about 1/3 or more of net profit for most people.
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26 September 2018 | 1 reply
Then, tenants use a mix of baseboards and space heaters to cover the rest on their own dime.On my last two rehabs, we've separated plumbing to the units so that we can pay a single city base charge, but then submeter the units down the road to do RUBS.We also tried, at one property, simply sending a group email each month sharing what our heat bill was and how that compared to the previous year.
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16 October 2018 | 3 replies
Would it be possible to set up a single-owner LLC to buy a property and still get a loan under a personal name?
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27 September 2018 | 2 replies
C+ to B- neighborhood with other single families in the area.