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8 December 2018 | 12 replies
We should connect.I understand about the taxes but the bottom line is if it cashflows to your requirements, then the property tax doesn't matter.
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20 June 2018 | 1 reply
Not $2,700 worth of difficult for sure and I could do it in 2 days max including assembly of the cabinets.Had a bid for $800 to tear down the top 2/3 of the brick facade; took us 1 1/2 hours with a hammer drill.Bottom line, hiring contractors would probably eat away about $20k in profit if I hired them vs DIY.
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20 June 2018 | 5 replies
He is also very pushy on the 14 days, which has me concerned because that is a short amount of time to get HM lined up.
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22 June 2018 | 6 replies
Have your money ready, your lenders lined up, your LLC formed and your accountant and attorney all on the same page.Make sure your first deal is super solid and pick quality and low risk especially for the first deal. remember this is a marathon and not a sprint.
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20 June 2018 | 8 replies
Is there a clear line as too what constitute advertising vs showing off current work?
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25 June 2018 | 14 replies
The market is hot right now around here with people flooding in from California so I'm sure there will be bigger money out there, but it will be interesting to see what that money goes after and where the line is for something not being valuable enough to them for the effort of tax deed auction.
24 July 2019 | 7 replies
You can of course improve this general rule of thumb by:1) putting more money down to lower your monthly payment2) buying down your rate to lower your monthly payment3) get a cheaper insurance quote to lower your monthly payment4) use a different product with a lower rate for a lower monthly payment like a 5/1 ARM FHA5) if you're in a historic district you can apply for property tax exemptions which lower property tax and thereby lower your monthly payment like in Orange, Ca they have a Mills Act which reduces the property tax to about 1/10th of the surrounding properties.
20 June 2018 | 1 reply
I am looking forward to connecting to others in my area to learn more about this line of work!
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20 June 2018 | 8 replies
Do you have any line of credit you can use?
20 June 2018 | 18 replies
Depends on:1 - How many other potential tenants you have lined up2 - How bad you want to make moneyKeep this in mind.