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7 February 2024 | 16 replies
When I’m looking up specific topics, I see you always provide great value.
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6 February 2024 | 11 replies
If you want to know what my specific plans are for real estate just ask me.
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7 February 2024 | 14 replies
The following actions will assist you in beginning your journey towards being a prosperous real estate investor:Set Specific GoalsEstablish a Reputable Credit History and Maintain an Emergency FundSelect an Investment StrategyMake Connections with Other InvesteesStart Little and Know Your MarketConstruct a Business PlanRemain Calm and Patient.Keep in mind that being a profitable real estate investor is a marathon, not a sprint.
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6 February 2024 | 6 replies
In this case, a separate Memorandum of Modification (or whatever it’s called in your state), which broadly tells the world that the loan has been modified but with no specific details, would be notarized and recorded.Your lending attorney could tell you whether anything should be recorded and how to deal with any existing subordinate lenders.
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5 February 2024 | 13 replies
I'd go to every length possible to avoid hard money as a first time flipper, including: - Move into the property and use a low down payment FHA or conventional loan, and a 203(k) loan for the rehab- HELOC- Personal savings- 401(k) loan- Personal loan- Margin loan from stock account - Etc.
7 February 2024 | 18 replies
Since I terminated the PMC my tenant also confirmed that a smaller repair was done on something but the PMC told me in their quote more work was needed for that specific item.
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7 February 2024 | 19 replies
Many jurisdictions have established laws that the person wholesaling or assigning the contract must be a licensed Realtor (Illinois specifically).
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7 February 2024 | 3 replies
But, that is not always the right answer and you should speak with someone familiar with your personal situation to get advice specific to you.I'm not sure where in CA you are located, but I have several referrals in the San Diego area if you're interested.
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7 February 2024 | 34 replies
Maintaining detailed records of mileage, receipts, and other relevant documentation is crucial, and your CPA can provide specific guidance on this.
6 February 2024 | 4 replies
I'm not a tax pro here, but I don't think 1099 vs W2 makes any difference other than the specific reps requirements.