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16 July 2024 | 7 replies
Fund that flip is smaller, but also less investors, so at least the deals are not funded in just a few seconds.Both platforms suffer from some of the problems that pretty much all of the hard money loan platforms do: not enough volume for someone wanting to maintain a large portfolio, not enough conservative 65% LTV loans, too may loans and judicial only states (where it's extremely expensive and time-consuming if you need to foreclose which can cause losses), and single note risk (i.e not diversified).
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16 July 2024 | 6 replies
My cpa Says no tax because it was heirship.
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16 July 2024 | 41 replies
Doesn't matter how much money my cheap duplex has saved me and allowed me to invest elsewhere.
15 July 2024 | 2 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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16 July 2024 | 17 replies
People pay rent with money, not their SAT scores.
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16 July 2024 | 3 replies
The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.
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17 July 2024 | 5 replies
Private/Hard Money lenders do not lend on owner occupied properties due to consumer protection laws.
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16 July 2024 | 26 replies
Also Irvington is going to increase your taxes significantly after the Reno call the tax assessor and see what the potential increase will be, it's usually ridiculous.
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16 July 2024 | 0 replies
The city can also still require operators to collect tax similar to a hotel.
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16 July 2024 | 3 replies
Gas/Heat/Hot Water is included in the rental, when completing the proposed rent form could I ask for more rent money or should I stick to what the property is originally listed for?