
29 May 2024 | 18 replies
I would find real estate investing meetups in your area right away so you can network, in person, with other people to hear about how they handled their first landlording experience.

29 May 2024 | 4 replies
Maybe take a KPI online test, it will show the personality traits that are success indicators.

27 May 2024 | 9 replies
Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey.3.

27 May 2024 | 9 replies
Andy, I'm sorry to hear that your going through this, I don't personally know anyone dealing with such difficult tenants, but do know several Brooklyn based land lords who got tenants out in order to do reno. or dramatically increase rent.

29 May 2024 | 2 replies
The mortgage is likely also personally guaranteed by current owners.

29 May 2024 | 1 reply
Some takeaways from him:Treasury Regulations section 1.280A-2(i)(3) gives a couple of ways you can proportion the rental portion of a property--my accountant used square footage.Under section 280A of the tax code, common areas that you also use are considered part of your personal space and unfortunately aren’t counted as part of the rental space in the proportion calculation.

29 May 2024 | 9 replies
If the land is separate from the mobile homes, you may be able to see what the county assesses the homes if personal property.

29 May 2024 | 3 replies
That said it has become an issue in the recent purchase of my personal home.

29 May 2024 | 4 replies
I personally have used a heloc to purchase and renovate an investment property, like you mentioned I cashed out at the end and paid back the heloc.

29 May 2024 | 0 replies
A Comprehensive Guide to Homebuying, it's essential to be thorough and methodical to ensure you're making an informed decision but draw boundaries, it's okay to open built-in closets and kitchen cabinets to assess the property, However, respect the seller's privacy by not invading their personal space, such as medicine cabinets, storage boxes, or clothing drawers,Interior:Architectural style.Bedroom and bathroom count, size, and location.Closet and storage space.Number of floors.Sightlines and general floorplan.Appliance age and condition.Light switches and socket count.Plumbing and water pressure.Natural light and views.Noise levels.Stairway width and type.Porches and decks.Garage and parking capacity.Proximity to neighboring homes.Remodeling opportunities.Exterior:Roof and siding condition.Landscaping and outdoor maintenance needs.Additional Considerations:Take notes and photos during the tour.Use your five senses to assess the home's condition.Ask your real estate agent questions about the home's features, flaws, and market conditions.Red Flags:Overly scented rooms.Water stains and damage.Lack of maintenance.Foundation issues.Sagging ceiling.Fresh paint that may be covering up issues.Final Tips:Be prepared to make multiple offers before finding the right home at the right price.Stick to your budget when making an offer.Don't overlook potential red flags just because you love a home.