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14 February 2025 | 19 replies
I would ask them what services above and beyond the required broker services they plan to perform.
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22 January 2025 | 25 replies
What adds complexity to our plan, is that we live in Minnesota.
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30 January 2025 | 8 replies
Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.
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23 January 2025 | 5 replies
We are just starting to research and plan for a move out to the southeast somewhere, still in early planning phase.
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24 January 2025 | 2 replies
You have to be willing to not give up when things get difficult, or don't go as planned. 2.This journey is worth it.
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3 February 2025 | 5 replies
You’d need a clear exit plan and enforceable lease terms to protect your investment.Think about the following:Tenant Risk – Can they truly recover financially, or will you face another eviction situation?
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19 February 2025 | 26 replies
Beg family and friends to fund it for you.They "might" do it if they see you've learned a lot and your business plan sounds very solid.How do I know this "might" work?
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23 January 2025 | 11 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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4 February 2025 | 5 replies
I dont know the delivery time on a ADU but I'd assume same with site plans and zoning. but how do you get your money out of that?
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24 January 2025 | 5 replies
Just ensure you’ve got a solid plan for reinvestment and aren’t rushing into the next deal too quickly.