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26 June 2024 | 2 replies
Do we need a guarantor listed as well?
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26 June 2024 | 12 replies
Blake, I am a Waco local, have worked as a project estimator for Belfor property restoration, remodeled homes in Waco, and have local insight to great General Contractors as well as specific tradespeople.
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26 June 2024 | 3 replies
Would love to hear everyone's thoughts on this data, I have attached the link as well so you can see where they pulled this from.
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26 June 2024 | 18 replies
LLC's can sometimes complicate things, just open a bank account for your rentals and use a program like quickbooks to do and manage your books. you could even hire someone for around $100/mo to do this for you as well
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26 June 2024 | 12 replies
Study flipping very well before you jump in.
26 June 2024 | 4 replies
These are 1 bedroom/1bath units, 650sq ft, priced under $700 a month so I dont think its competition from the newer buildings that cant afford to price rent so low.We maintain the units very well and have recently renovated a bunch of them with lvp flooring, new cabinets, etc.
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26 June 2024 | 4 replies
You could also instead: get a construction loan and buy a fixer home with no ADU and you build it yourself. usually - I see people buying a home like this for $650k to $700k and then adding the ADU for $100k where you end at $750k to $800k with a well renovated home!
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25 June 2024 | 17 replies
Well I meet one of your two criteria so that is probably enough to be reckless.
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26 June 2024 | 33 replies
More exit and pivot options as well.
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26 June 2024 | 10 replies
Well, when it comes to filing taxes I usually don't rely on the kindness of strangers (especially when they have no liability), but if you think getting a lot of replies (some conflicting) will help you make up your mind - Have at it.Honestly, am not trying to be a jerk (as you can see it comes naturally), but your tax guy is the best liability shield against the IRS you have.