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8 August 2024 | 28 replies
I recently saw a home with 2 ADU's one a 2/1 the other a 1/1.
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8 August 2024 | 2 replies
There will only be one stackable washer/dryer for all residents.
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9 August 2024 | 3 replies
One of my clients was a W2 employee before starting nursing school and she bought a home prior to quitting her W2 job so she still qualified.
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8 August 2024 | 5 replies
The one thing I always ask lenders is: Do you have a broker agreement?
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8 August 2024 | 3 replies
Hello Armando,I would evaluate my equity position and see if there was additional equity I could pull out of one of my rental properties.I would shoot for the Fix to Rent Strategy, I feel like it doesn't take a lot of effort to find a 70% or less property in the current market.
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8 August 2024 | 12 replies
We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.Here's a little more details about this deal:* Purchase price: $163k* Financed price: $132k @ 7.625% APR* After repair (estimated value): $225k* Gross rents: $2150 ($750 one year lease & $1400 six month lease)* Annual taxes and insurance: $7000* Approx credit score: 650 (I used interest free credit card to pay for remodeling this property and maxing it out caused my score drop almost 50 pts!)
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8 August 2024 | 2 replies
Hello all,Business is going well, and most of you know me as an investor focused Realtor in Omaha and in the next couple months I have the amazing opportunity to scale that business exponentially as the Acquisitions Director for an amazing Real Estate Company (more info to publish later) but I am actually seeking recommendations for a good real estate tax professional who serves the Omaha area.Basically I am already formed as S Corp but I am forming an LLC (potentially under my S Corp) with myself and the contractors I work hand in hand with to renovate properties with the intent of serving under one "legal" roof when we assist investors in finding and renovating properties for investors and want to make sure we set ourselves up as strong as possible.Any recommendations?
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8 August 2024 | 4 replies
She said I should register one WY LLC as the holding company and have all my WA LLCs as the subsidiaries.
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9 August 2024 | 4 replies
This of course is signed by all current tenants and the new one.
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8 August 2024 | 5 replies
How come no one has created a standard form for hard money lending where the terms are easily comparable across them?