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20 August 2024 | 40 replies
Costin, A prepayment is an interest-based: The lender charges a specific time period's worth of interest—say, 6 months' worth—if you pay off your loan early.
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17 August 2024 | 0 replies
Purchase price: $55,000 Cash invested: $85,000 Sale price: $280,000 I feel like luck and timing played a roll in scooping up this Garfield Park home.
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18 August 2024 | 12 replies
One time they requested that I install/repair a front porch/step railing within x days or they would cancel my property.
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18 August 2024 | 5 replies
I've seen you've posted multiple times on this site about this... did you end up getting any answers?
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19 August 2024 | 7 replies
The best way to find these off-market deals is by connecting with agents and wholesalers who find these deals.. or to start marketing yourself if you have the time and recourses to do so.
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19 August 2024 | 13 replies
You need to determine a good time line.
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17 August 2024 | 2 replies
Since you're in Atlanta, you’ll need to file both federal and Georgia state corporate taxes.Deadlines:Federal: Typically due by April 15 (if your fiscal year ends in December).Georgia State: Usually aligns with the federal deadline.Penalties:Federal: Late filing can result in a 5% penalty per month on unpaid taxes, up to 25%.State: Georgia also charges penalties and interest for late filings and payments.Filing Options:Federal: You can file using the IRS e-file system or tax software like TurboTax Business.Georgia State: You can file online at the Georgia Department of Revenue’s website.If you’re pressed for time, file for an extension to avoid penalties!
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19 August 2024 | 13 replies
While this can be done legally, the accounting and documenting of these transfers can take a lot of time and or expense.Go back and read @Nathan Gesner post.An LLC is your LAST resort to asset protection.
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18 August 2024 | 3 replies
If not, then it's time to update.BiggerPockets has a Lease Agreement Package under "TOOLS" at the top of your screen. $100 for a lease and several other documents (FREE FOR PRO MEMBERS!)