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2 February 2022 | 2 replies
A person can purchase tax liens, make loans to private companies and make investments in traditional mutual funds until having sufficient funds to invest in RE.Many people lease property purchased to third party to avoid costs of maintenance.Taxes, insurance and maintenance can all be passed on to leasee in a triple net lease.
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3 December 2020 | 9 replies
For example: if Jon Doe in my area had a brand and a business website it would look something like:Business name: Jon Doe LLCWebsite: JonDoe.comI'm wondering if this is sufficient.
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29 March 2021 | 19 replies
Santa Ynes might make sense for an ADU/BRRRR, if you find a nice “A” location to build sufficient equity to pull out with a HELOC.
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18 March 2021 | 11 replies
Contractor - needs to have 203k experience or at least 203k education along with sufficient financials to afford the start up costs and ongoing expenses on 203k projects; best to use a contractor who has the accreditation as a Certified 203k ContractorThere is a great FAQ for the 203k at 203kContractors.com that actually discusses the recommended steps for a successful 203k.
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10 November 2023 | 1 reply
. $650,000.It cash flows around $2000/month.We would like to leverage our equity and buy more properties, but as we are investigating this, we can't seem to find anything that would cash flow sufficiently to pay what would be our new loan.Consequently, I was thinking it might be more profitable to 1031 it and use the money to put 25-30% down and jump into a larger property like a four-plex or similar.
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13 November 2023 | 8 replies
I live in the southeast in a growing metropolitan area more than sufficient in size to accomodate a real estate rehabbing business.My progress to date includes reading books on flipping and listening to various, including Bigger Pockets, podcasts.
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13 November 2023 | 5 replies
Including a line with approx. measurement in the image in my opinion would sufficient and then have a more general disclosure in the description.
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9 February 2015 | 14 replies
The desktop may be sufficient to see if the borrower is in the ballpark or is just blowing smoke.
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8 August 2018 | 33 replies
Balanced budget, sufficient reserves, not too many units with delinquent HOA dues, watch out for a high percentage of units owned by 1 single owner/entity or high rental concentration in general, and see what major projects have been done recently and plan to be done in the next few years.As others have said, it's about the numbers.
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13 November 2023 | 6 replies
@Joseph Tuczak Unfortunately, the city of Chicago will not see this as a sufficient reason to not do the repairs.