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18 April 2024 | 3 replies
Once you are under contract, the attorney can build the mortgage, promissory note, and amortization schedule.Go to your favorite search engine and enter "owner financing real estate."
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21 April 2024 | 41 replies
If you're thinking about turning your garage into a bedroom with a bathroom to make some extra cash, here’s the scoop based on my 20 years of experience: You'll need to budget for design and engineering costs, which typically run between $2 to $3 per square foot of your total property area, not just the garage.
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19 April 2024 | 16 replies
I understood back then that for me to build and scale the business, I needed to always make decisions based on numbers and not emotions, and that's one big reason I've kept myself in the industry now for 4 years.I see a lot of people getting too emotional after their first proof of concept, and most of them are not in the business anymore.
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18 April 2024 | 2 replies
Search for "worst states for landlords" and look at several lists.
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18 April 2024 | 8 replies
My understanding is that the bonus depreciation is based on things that have a shorter lifespan than the house itself.
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17 April 2024 | 14 replies
Apparently there were two sisters that sold it to him and only one signed but she had a letter stating she was power of attorney for the other sister but apparently that doesn’t hold up (I don’t know why) and Yes I didn’t do a title search when I brought the property from my father 🤦🏽♀️. so for the pass 15 to 20 years ( I think) this womans name has been on the tittle At this point idk what to do I have looked for her called siblings turn in paperwork stating her sibling was power of attorney and nothing has budge I own my house free and clear and it could help jump start my real estate career.. please if you have advice I would appreciate it P.S ALL ADVICE RECEIVED TO ME WILL NOT BE LEGAL ADVICE BUT MERELY SUGGESTIONS OF THAT PERSONS EXPERIENCE.
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18 April 2024 | 10 replies
You want an accountant/advisor who can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.
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18 April 2024 | 4 replies
Whether it's hidden gems or established areas, I'm open to exploring various options.Here's where your expertise comes in:- Promising Markets: Based on your experience, which areas offer compelling opportunities for cash flow and appreciation within the $150k range?
18 April 2024 | 2 replies
Should it be based on the lease value or is negotiating something based on my costs incurred plus time and suffering the better route?
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19 April 2024 | 20 replies
Hi Leanna, Given the work you've put into the property, you can refinance based on its new value without a seasoning period.