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18 April 2024 | 9 replies
As an agent if I get a referral I love clients who are A) Ready & able to buy B) They communicate 3) Not difficult/high maintenance.
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19 April 2024 | 5 replies
As a PML, I generally like to have all my money plus a high interest within 6 months.
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18 April 2024 | 6 replies
I highly suggest looking into duplexes in areas like Sunnyside, Acres Homes, Independence Heights, and East River.
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18 April 2024 | 13 replies
High volume discounts are available to everyone, irrelevant of deal type, with me.
16 April 2024 | 5 replies
The most powerful tool is the MLS and agents.Good Investing...
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18 April 2024 | 54 replies
It's certainly an easy thing to do, super low barrier of entry but also VERY HIGH RISKS if you don't use the right contracts, and I can imagine some folks sending $ before getting their contracts signed and forget OR trust someone else and boom....LOSE all of their $, and rightfully so to the seller.I know new folks or those who lend on EMD would disagree, but I personally wouldn't want to deal with the headaches on these very small amounts of $ and the wholesalers that need it.
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17 April 2024 | 5 replies
I would be very surprised if this was accurately done.That means you are cash-flow positive after depreciation of $1,666 per monthIf the return was filed, you may want to pay another accountant to look over the return to see that it was done correctly.Yes, buying another property, given today's condition of high prices and high interest rates would likely decrease your rental taxable income.
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18 April 2024 | 6 replies
Also, with conversions, even if the municpality does not require MEP drawings, I highly recomend spending the money to have an engineer prepare them.
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17 April 2024 | 13 replies
We were okay with paying a bit extra for something we love, but with the added complications of the undisclosed claim and the high insurance premium due to the property being in a high-risk status, it’s become a concerning situation.
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18 April 2024 | 16 replies
This is why I highly suggest hosts check into the info Justin Ford has, and the educational videos and course he provides.