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5 October 2021 | 20 replies
Often time they burn the soil in a controlled situation like a incinerator.
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15 September 2021 | 8 replies
I joined one last year and it's been fantastic.
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14 September 2021 | 1 reply
All of them are fantastic teachers and none of them are "gurus" trying to sell you expensive boot camps or personal coaching programs or any of the other inflated stuff out there in the REI industry.
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14 September 2021 | 0 replies
Home was an estate in poor condition, but with lots of potential in a fantastic area.
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3 October 2021 | 4 replies
Understanding a rehab and BRRRR when you are not near it can be stressful and harder to control.
15 September 2021 | 3 replies
Since there is no custodial requirement for the 401k, you don't need the additional expense and administration of an LLC to obtain checkbook control.
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4 October 2021 | 9 replies
No more managing tenants, vacancies, maintenance and the managing the manager (who is a $12-20 dollar employee who's compensation structure us not aligned with your goals) By passing the control of the day to day operations to true experts who are literally partners (direct alignment of compensation and motivations), you can assure the investment is being optimized while you spend your time on what you want which is 1) making more money at your day job, 2) spending time with your family or 3) finding that one off deal that you want to do one your own while pairing with a Limited Partner strategy. 2.
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16 September 2021 | 4 replies
@Antonio Daniels 1-there are no different standards for screening...what you will find is that they will likely not meet your earning requirements (like 3x rent)...so you have to make exceptions...they also have very colorful backgrounds for the most part...after screening hundreds of section 8 tenants, definite patterns will appear...if you have a credit score requirement, odds are they will not meet there either (but there are fantastic voucher tenants out there as well...I've rented to nurses and other professionals with a voucher do to having a disabled child that needs a lot of services)...the one thing to be aware of is not treating them differently because they have voucher...2-The inspection depends on local authority, but the standards are the same...this is a federal program...so Housing Quality Standards (HQS) is the guiding document...how an inspector interprets that is another story...https://www.hud.gov/sites/dfil...3-Usually you will only have recertification annually, or possibly at an income change or a request or complaint...4-100%, it's one of the best sources of long-term steady income out there...I'll take a section 8 tenant over a white collar A-class tenant any day...plus you are helping to house the most vulnerable and underserved population out there.The bad things you hear about section 8 are from folks that do not understand the system and how it works, or want to be slumlords and not take care of their properties...or are ill prepared to deal with people in general.
19 September 2021 | 7 replies
In some areas you may be dealing with local law too like in California there are LA county laws on rent control and Chicago as well.
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6 October 2021 | 7 replies
I think the area is great - has fantastic highway access and it has been developing steadily.