
15 June 2021 | 5 replies
Good call on potentially adding in the storage as a free bonus.

4 March 2021 | 0 replies
I am only looking to find 2-3 properties a year, anything else I would wholesale as a bonus.

5 March 2021 | 7 replies
Let’s start off with the “I’m not a lawyer, just a pretty well rounded landlord in Lakeland, FL” That’s an interesting question... while “suggestion of Bankruptcy” is a typical defense in foreclosure cases against mortgage companies, I haven’t seen it used in rentals before (myself)... but that action does usually stay pending litigation, so I could see how it could work - IN THE SHORT TERM.

5 March 2021 | 4 replies
FWIW an s-corp is used for running "active businesses" where a default state of the typical LLC is tax wise pass through to your personal 1040, the ideal scenario for holding rentals; in a pass through LLC, where taxes pass through to your 1040 schedule E for rentals.Rental tax regs are actually quite simple for the Schedule E, even the newer 179, di-minimus, and bonus depreciation.

7 March 2021 | 4 replies
Close enough to home for you to oversee easily (one-day round-trip preferred)9.

9 March 2021 | 6 replies
Some companies like Flyhomes offer livable wage salary and bonuses for closed deals and you should be getting anywhere from 5-15 quality leads a month.

13 March 2021 | 8 replies
I ended up learning everything in the month after I finished the course by taking Prep Agent (which I highly recommend to study for the exam) - I passed on my first go round.

12 March 2021 | 57 replies
Bonus unemployment added $300 to $600 per week, plus there will be three rounds of stimulus payments by the time mortgages come due.

9 March 2021 | 3 replies
Once you have hit your 10 limit, you would then move on to either Non-QM / portfolio loans, or you refinance most of your properties into a commercial blanket loan, thereby freeing up your Fannie Mae / Freddie Mac slots for a new round of 10 loans.The caveat is that when you do the Non-QM / portfolio or the commercial blanket loans, that you are not required to have a personal guarantee on those loans, otherwise if they require a personal guarantee, then the still count in the 10 financed property rule.

17 March 2021 | 27 replies
But I think your on the right track being licensed is a major bonus if your going to be very active and especially if your going to flip..