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8 January 2025 | 16 replies
However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.
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3 January 2025 | 13 replies
Visit FinCEN’s website for filing details.This post does not create a CPA-Client relationship.
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2 January 2025 | 2 replies
It will cut down on the fake accounts created to promote certain individuals, markets etc.
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10 January 2025 | 16 replies
*This post does not create a CPA-client relationship.
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4 January 2025 | 1 reply
I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!
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5 January 2025 | 6 replies
A few resources that might help: • Books: The Millionaire Real Estate Investor by Gary Keller and How to Create Wealth Investing in Real Estate by Grant Cardone. • Documentaries: Check out The Queen of Versailles for insights into the challenges of hotel investments. • Podcasts: The BiggerPockets Commercial Real Estate Podcast has episodes on niche asset classes, including hotels.
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3 January 2025 | 7 replies
If the property breaks even, or operates in the red currently, it will only operate deeper in the negative (unless you find a strong ROI like creating more bedrooms, convert a non living space to living space, etc) with another loan.
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4 January 2025 | 25 replies
To find deals that make sense, you need to dig deep, get creative or create large value add.
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5 February 2025 | 56 replies
Unless new companies move into the city and create replacement jobs, all that will remain are lower-paying service sector jobs.
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6 January 2025 | 1 reply
So here's the question, How can I legally evict a tenant who hasn't seemed to do anything wrong except created a landfill in their apartment.