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29 January 2025 | 14 replies
Soon you will be able to take care of some of these issues yourself and save a few dollars.
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8 January 2025 | 10 replies
For example is a personal loan from a bank is 7.5 % that you could use as a down payment (after its seasoned), and your 401k loan is 4.5% but the 401k is expected to return 7.5% per year the money you save on one end you miss out on the other end basically and if your 401k returns are 20%, then you lose out significantly. 2.
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6 January 2025 | 7 replies
The license doesn't cost more, the service and quality does.And a note on that cost, in my experience hiring contractors, only a small percentage of the cost savings was due to finding the right guy who is willing to work for less.
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5 January 2025 | 8 replies
That kind of attention to detail can save a lot of headaches.Are you focusing on multi-family properties in SA only, or are you also exploring other opportunities elsewhere?
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28 January 2025 | 8 replies
As noted, if your options are Reg D, private offering vs fully registered public offering, even if you are talking Pink Sheet (OTC) stocks, you have public filing costs, annual audit requirements, and likely more on-going expenses that have to be covered by the property(s) owned by the offering.
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12 January 2025 | 28 replies
For higher-value or complex properties, a professional study's potential tax savings can outweigh its cost.
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4 January 2025 | 4 replies
This is a conventional loan where they also cover your PMI (private mortgage insurance).
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3 January 2025 | 12 replies
Hi Kevin,It looks like you have some money saved, that's fantastic.
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10 January 2025 | 4 replies
Good Morning,I am a former Claims Specialist with the Social Security Administration and currently unemployed homeowner who is looking for guidance on how to gain property management experience here in the Central Coast of California.My wife is the only one working at the moment, so times are tough to say the least.We're looking to rent out a portion of our home in order to save up enough money to purchase our second home (or multi-family unit), rent that out, and begin to expand our portfolio.