
25 February 2024 | 2 replies
A cost segregation study may allow you to deduct $150k in depreciation expense in the tax year of acquisition.This would create a large tax loss (notably different than an actual operating loss).

27 February 2024 | 6 replies
VAs and back up VAs to run your automation systems, allowing you to scale and exit.It's a start.

28 February 2024 | 43 replies
However, I will say from experience, the midwest will allow you to cashflow well at a significantly cheaper price point but you will see very little appreciation.

28 February 2024 | 19 replies
One thing to keep in mind is that institutional lenders typically won't allow you to borrow the down payment.

28 February 2024 | 7 replies
Do not allow deadlines to float... the minute someone is late, start with the legal requirements even if you like them and believe it's a temporary issue.

28 February 2024 | 28 replies
Allow this to sit overnight or for at least 8 hours.

28 February 2024 | 10 replies
If you are using financing, make sure your lender allows for double closings and/or covers the full assignment fee.

28 February 2024 | 9 replies
@Zachary Petrak you could stabilize and perform the rehab while using seller financing if your capital allowed it and then when the property was ready and rented at market rates, you could refinance into a DSCR loan.

25 February 2024 | 25 replies
(BTW, I have excellent creditworthiness). 2) Tax confusion: The interest expense might be tax deductible.

27 February 2024 | 6 replies
Only issue with that is that if/when you move out, zoning likely doesn't allow you to rent both up and down separately.