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30 January 2024 | 11 replies
There are different tax codes / concepts when it applies to real estate investors vs those with a small businessSmall businessA) SEP IRA / Solo401KB) S-Corp or notReal EstateA) Real Estate Professional StatusB) 1031 exchangeThere are also some concepts that apply to bothSmall business / Real EstateA) Home Office DeductionB) 199A Qualified Business Income deduction
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31 January 2024 | 8 replies
I have use texting apps to send out text to people that I send direct mail letters too for another touch.
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30 January 2024 | 1 reply
Does anyone know how it actually works and applies to commercial real estate?
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30 January 2024 | 16 replies
i've listed on zillow and people are coming, they are just not applying.
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30 January 2024 | 7 replies
I read or heard something about anti-price gouging laws applying even with AB1482-exempt properties.
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31 January 2024 | 7 replies
The only way to make it a viable market is to break in at the wholesale market and develop your own direct from seller options that you can either wholesale or go forward with yourself.Houston does have cheap lots to build on though, that opportunity is there if a viable GUC program can be found for a new investor (These are like blue unicorns - spoken about but not seen).Dallas is worse than Houston.
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31 January 2024 | 9 replies
Hello I could help you with a fix’n flip loan.To apply is easy, you just need to have a minimum credit score of 620 if higher better, you need to have at least 25% to buy, you need to have a company and if you don’t have experience for your first deal you would need to do the renovations with a general contractor.Our terms are 80% LTC or 70% ARV, the rates are 10.75%, no prepayment penalty, 12 months, our origination is 1.5% + underwriting fee of $1500 and legal fee of $1250 plus appraisal and title fees.Please let me know if you need terms for an specific deal, I’m happy to help!
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29 January 2024 | 40 replies
Just curious why you think it applies to Ohio or anywhere else?
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30 January 2024 | 4 replies
A bad credit score does not correlate with on time rent payments, many people understand that you pay your landlord first.More importantly is that you should have written criteria that you use to evaluate every tenant that applies and do not deviate from that.
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31 January 2024 | 7 replies
My first property is in Stoughton and while still expensive, is cash flowing well.I think without giant amounts of capitol, it's going to be near impossible for a single investor to cash flow directly in Boston.Happy to connect any time if you have any questions!