14 November 2024 | 20 replies
Regarding invoice markups, we apply a 10% markup on invoices under $1,000.
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8 November 2024 | 6 replies
So, the KISS (Keep It Simple Stupid) principle applies.
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8 November 2024 | 1 reply
In some cases, exemptions or adjustments might apply for buyouts between co-owners, so it’s best to check directly with a local real estate attorney or tax advisor to confirm the exact tax amount and any applicable exemptions.
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9 November 2024 | 10 replies
I applied this strategy a couple years ago so happy to provide guidance of who I worked with and what seems to work/not.
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9 November 2024 | 9 replies
The standard to apply is quite simple: Did you accurately disclose the character of the down payment funds to the lender in the loan application?
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9 November 2024 | 17 replies
I don't see anything on the website or with a web search on how to go about applying for the mastermind.
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14 November 2024 | 30 replies
Now onto the real estate...If you truly want to protect yourself against STR regulations only purchase property with the intent of operating as an STR where these three principles apply: (1) the use is allowed, (2) the use requirements are protected by in place permitting and licensing and (3) the permissions are transferable through a sale.
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8 November 2024 | 19 replies
I apply their security deposit first ($1,500) and then charge them for the remaining $2,500 owed.
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7 November 2024 | 6 replies
They typically apply to 1-2-4 unit properties and need at least one year of occupancy.
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7 November 2024 | 12 replies
Here's some hopefully, helpful cut & paste info:------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?