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17 January 2025 | 9 replies
Condos are less expensive to buy, but you have condo fees and special assessments and condo rules.
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27 January 2025 | 10 replies
Ive never heard of a loan mod being required for foreclosure as a blanket rule.
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21 January 2025 | 59 replies
I plan to never pay tax on the appreciation with the current tax rules (1031, die with step up basis, etc).Best wishesYou are way off topic.
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22 January 2025 | 56 replies
By the way, that’s a very good passage and people definitely need to take it more seriously by applying themselves. :) I will share another.
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9 January 2025 | 3 replies
Just make sure to look into the HOA’s financials, rules, and rental policies before buying.
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17 January 2025 | 19 replies
At this stage in the game I'd say as a general rule skip the mentorships and gurus.
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7 January 2025 | 11 replies
-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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22 January 2025 | 22 replies
You are quoting old rules.New rules have a calculated period of Qualified vs Non Qualified usage.
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6 January 2025 | 2 replies
----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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7 January 2025 | 8 replies
So is it a matter or reaching out to lenders saying I'm willing and able to act as a broker and ask for their terms/rules?