4 September 2021 | 8 replies
Additionally, our closing period was set to allow for time for these tenants to vacate/find new housing.Best of luck!
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27 August 2021 | 8 replies
I have seen many suggest limiting to below a dollar value for for multiple SFR fix and flip properties.There's obviously a lot of opinions and different ways to do it, but one thing I have been advised is that when you move on to a new LLC, don't wind down the old LLC, but let it sit on the shelf for a determined period of time, otherwise you risk taking on the liability of the defunct LLC yourself, which obviously defeats the purpose of your LLC.
31 August 2021 | 15 replies
Over long periods of time (decade plus), it will out perform any other state.
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27 August 2021 | 3 replies
But, the 6 months is a standard seasoning period to refi for More than what is owed (a Cash Out refi) and you’ll likely have this waiting period anywhere, but there may be exceptions.
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28 August 2021 | 7 replies
Long term, we think this is a good move and there is a warranty with the unit where we will get service for an extended period of time in case anything isn't working properly.
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29 August 2021 | 4 replies
The Podcast talked about cost segregation "appliances depreciating over 5 year period".
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8 September 2021 | 2 replies
We sold the property for $400,000, realizing a capital gain of $104,000 or 11.6% annualized over the holding period.
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10 September 2021 | 17 replies
If your credit gets pulled by lots of creditors within a 45 day period than your credit score will be minus 5 points.
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30 August 2021 | 3 replies
You will see a very wide range of product offerings in terms of loan-term, amortization, recourse, interest rates, LTV, interest-only periods, and pre-payment penalties.