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16 January 2025 | 23 replies
Maybe talk with some realtors who have people who cannot get a loan because they are self employed, but have plenty of down payment.
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10 January 2025 | 16 replies
You'll want to enlist a CPA on this to assist you- Repeating the above for Cancun, since it's a vacation destination already, I'd almost guarantee you that you cannot write it off 100%In regards to travel, it's also important to remember that even if everything is used 100% for business, the IRS classifies business expenses being valid if they're "ordinary and necessary".
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4 January 2025 | 5 replies
Our team also focuses heavy on STR management and assisting in renovation to get higher dollars per night.Let me know if you free for a call sometime.
12 January 2025 | 10 replies
A HELOC is a great way for you to self-fund the improvements.
10 January 2025 | 5 replies
Hi @Chris Garnes,I am an investor who has self-funded rehabs and also a licensed mortgage broker.
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5 January 2025 | 0 replies
I’m always happy to connect and assist!
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5 January 2025 | 9 replies
We currently have 10 single family properties in the best school districts and we self manage.
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13 January 2025 | 17 replies
I maintain these connections by reaching out annually to check in and see if there’s anything I can do to assist them further.If you enjoyed this post, please consider voting!
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5 January 2025 | 17 replies
I do see lots of self storage and warehouses going up, so my default assumption would be that the old shopping malls do NOT trade for less than build cost, but it's possible that the marketplace is not perfectly efficient.
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13 January 2025 | 15 replies
Even if such a loan existed (which I doubt), once Vincent self funds all improvement costs, finance charges, carrying costs etc., I doubt he's any better off.