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6 July 2024 | 8 replies
I find it's better to connect with the deal, then see if it works and see if you like the area, rather than find the property and try to make that particular property into a deal.
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5 July 2024 | 4 replies
In addition to cash for keys or evictions, I did hear of a story on BP about someone showing up with keys and a lease and getting the person out that way as they were then trespassing...but if it was that easy, more people would do that.
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5 July 2024 | 3 replies
Then I would get an attorney to help with the eviction cost.
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5 July 2024 | 4 replies
You will need 20-25% down and a commercial loan for the rest.Most lenders will want to lend to an LLC with you personally guaranteeing the loan.Typically, each MFR would be purchased under its own LLC, for liability purposes.Each LLC would then also need its own bank accounts for collecting rents and paying expenses.
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5 July 2024 | 3 replies
Should you know how to do this first, then look to find places or jump head first?
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5 July 2024 | 4 replies
In many markets, they are valued less then their cost, due to lower market demand for those amenities.
5 July 2024 | 6 replies
If publishing is too complicated, then the work around will be even more cumbersome.
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5 July 2024 | 4 replies
In general, it is always good to look at the taxable value every year for your property while you still own it when the tax statement comes.If you feel you can support a lower taxable value with sold comparables that are like your property nearby, then it is worth your time to try to dispute the value.It is true there is a very short timeframe to schedule a time to go in and dispute the taxable value with your local property tax assessor usually and the deadline is printed on the annual tax statement.The reality is real estate does not always go up in value.To your success!
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5 July 2024 | 1 reply
Then I call a couple more people and get a couple more no answers or not interested and then I get a hold of this lady who right off the bat was very polite very sweet and we hit it off right away.
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5 July 2024 | 2 replies
Wholesaling is putting a property under contract, assigning it to someone else to close, and then making a spread (money) for being the conduit.