5 March 2020 | 1 reply
A house-hack deal would be ideal for a first investment as it will allow you to get your foot in the door with a low down payment.Best of luck to you moving forward!
6 March 2020 | 2 replies
Second property is the one we just paid off and we were under an ARM which wasn't bad but about every two years it was being sold to a new company and each company was very different in terms of customer service.3.)
10 March 2020 | 2 replies
Demand is steep for contractors and trades most won't go out to a property unless you have it under contract or you are a repeat customer.
14 April 2020 | 17 replies
I can't find the link, but I think it was Poland.I'm not sure if he was reacting to his target customer base, or his own personal likes though.If the developer is a member here, maybe he can weigh in on it.Good Luck!
8 March 2020 | 4 replies
When you offer yourself as a lender, there will be all sorts of people that will come up to you, but ideally you would get to know the person that you are lending to.
8 March 2020 | 12 replies
I am a small fish in my local pond yet I am approached weekly, often daily, via calls, texts, and emails from people who "live in an expensive market and have identified ______ as an ideal Long Distance investment location and will be buying ____(insert audacious number of homes here_____ in the next year."
8 March 2020 | 6 replies
it's not ideal and a pretty ****** situation. with that said it was my very first property, I sucked it up and did what I had too.
29 March 2020 | 17 replies
If the rental real estate activity has an average period of customer use of 7 days or less, or an average period of customer use of 30 days or less with substantial hotel like services provided, it is not a rental real estate activity under IRC Sec 469 and one can bypass the per se presumption and apply any of the material participation tests you previously cited for a passive/nonpassive determination.
2 April 2020 | 1 reply
There is not really any assessment of the quality of work or customer service, nor is there a reason to use them based on fair and reasonable pricing.
14 September 2020 | 3 replies
Save the custom build until you're older and have lived in a few places.Look for a MFR (I think 3- or 4-unit properties are way better than duplexes), live there a few years, and then turn it into a pure investment property.