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7 February 2024 | 3 replies
Anyone who is active particularly in missouri I'd love to hear from you.
10 February 2024 | 22 replies
If I'm full gut remodeling, I don't mind a higher DD because I know I'm fixing everything anyway.
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9 February 2024 | 24 replies
Keep in mind that it will be difficult to finance this with a conventional or DSCR loan as they normally require the properties to be "turn-key" and you would most likely need to finance the deal with all cash or hard money.You can also collect documentation on the repairs during your due diligence period, but I would suggest getting this done upfront before your earnest money deposit is at risk.
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6 February 2024 | 6 replies
The property is valued at $3,000,000 but is under contract for $2,500,000, providing instant equity of $500,000 upon closing.I am actively exploring ways to quickly secure the required $300,000 and am considering various strategies, including negotiating with lenders or partnering with an investor.
7 February 2024 | 6 replies
If there is a rental license that's been active in the past 3 years, the city should issue a new rental license as long as other rental license pre-requisites are in order.
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7 February 2024 | 4 replies
Keep in mind, it is very easy to weed out contractors as there are A LOT of obvious bad ones.
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7 February 2024 | 4 replies
The best way to build a pipeline of good off market acquisitions is to be active & perform on contracts you execute without re-trading on terms (unless there's a valid diligence discovery).
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5 February 2024 | 10 replies
But my understanding is also that there can be tremendous tax benefits / write offs when it comes to real-estate.I am looking for more guidance from professionals on how to structure my investments and how I could potentially harness the power of depreciation and write-offs to legally save money on my active earned income.
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7 February 2024 | 7 replies
or can we each exceed 100hrs assuming thats higher than any other individual participating in the activity?
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7 February 2024 | 6 replies
just curious it the property is fsbo and the sellers do not mind if you bring the contract what kind would you use to wholesale