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28 August 2024 | 11 replies
•Criminal penalties: Potential fines of up to $10,000 and imprisonment for up to two years for willful violations.Therefore, it’s crucial to meet the filing deadlines to avoid these penalties.As Chris mentioned, completing the BOI submission process is straightforward.
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27 August 2024 | 5 replies
I've done over 75 flips in the past 3 years, we manage 300+ doors, and I own 28 long term rentals.
27 August 2024 | 5 replies
My mom barely lives off the income from her properties that she worked her butt off to obtain over ~30 years.
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26 August 2024 | 18 replies
I am not beeping harsh as she requested additional eyes which was good and she was receptive to inputs… I consulted on one today that had 95% LTV OO but no PMI, 2% vacancy as self managed including delinquent rent and tenant turnover, a maintenance/cap ex that was based on percentage but was a quad and her allocation was ~50% of my estimate, and no PM even though she intends to move away in a year or so.
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20 August 2024 | 9 replies
Some of those groups have tens of thousands of members.
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26 August 2024 | 3 replies
I believe you still have to live there for a year after work has been completed, maybe a year after close is all with 6 months to finish the work.
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22 August 2024 | 10 replies
Hi, I posted quite a bit a year back or so about my interesting situation.
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27 August 2024 | 5 replies
I also know of a lender offering a pretty decent rate on a 20 year fixed rate 2nd mortgage.
26 August 2024 | 2 replies
My husband and I have been landlords in Brooklyn, NY since 2006.We have great tenant of over 10 years that has had Section 8 since the beginning.
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26 August 2024 | 6 replies
These partnerships will make me passively $100k per year forever within the next few years.