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8 December 2024 | 10 replies
They have simply labeled a particular mortgage loan as a "doctor loan."
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3 December 2024 | 3 replies
Some may say… this is too much work… or too difficult to do… Well, if you don’t like this type of work or industry… simply don’t do it.
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3 December 2024 | 6 replies
For anyone following: It cost me $5 to file the updated statement of info and I simply drafted an amendment to the existing internal operating agreement to clarify our intent to operate as a married SMLLC.
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30 November 2024 | 6 replies
Ultimately, I realized that trying to wait for a perfect moment feels a lot like attempting to time the stock market or predict a real estate bubble.There may be advantages to waiting and seeing how the election affects market policies, but it's hard to predict when those policies will take effect or how they’ll impact the market.
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1 December 2024 | 91 replies
It's easy to simply say "no" to folks who don't offer this.
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30 November 2024 | 1 reply
If not you can close and simply pull out a 2nd or opt to take out a personal loan and consolidate on the ARV at the 6th month mark.
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4 December 2024 | 30 replies
The P&L isn't going to tell you that, you need to see the Balance Sheet.Put it simply, if an investor decided to hire someone like me to start handling their books and have to gather their financial statements, I would be charging an arm and leg to put it correctly.
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2 December 2024 | 7 replies
I believe the best solution is for her to simply use the existing heater properly by keeping it on 24/7, as intended. ( which we already told her last year she has to keep her heat 24/7, and she say no way)Additionally, she habitually pays rent late.
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2 December 2024 | 14 replies
The easiest way that I have found over the years is to simply ask other investors, specifically in your local market.
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27 November 2024 | 3 replies
I’ll provide an overview of the situation and my thoughts/attempts on how to structure the deal.Owner: He is in his 70s, payed off asset, appreciates the return profile of his property but is no longer interested in the management and hassle aspects.Details: Before I even asked, he mentioned that he isn’t sure where he stands in terms of depreciation and is somewhat concerned about the tax implications of selling.My initial approach to discussing creative financing: Me: "Have you heard of or would you consider seller financing?