James Reyes
VA investing strategy
10 February 2020 | 30 replies
More than 60 days may be considered reasonable if both of the following conditions are met: • the veteran certifies that he or she will personally occupy the property as his or her home at a specific date after loan closing, and • there is a particular future event that will make it possible for the veteran to personally occupy the property as his or her home on a specific future date.
Kaleb Price
Question on Buyers.
22 December 2022 | 10 replies
Alternatively, you can also attend local RE events and talk to other investors/buyers that are interested in buying the deal from you.
Clayton Maxon
Property Manager Issues
27 December 2022 | 5 replies
Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.
Account Closed
Builders & Developers What Are You Seeing In This Market Shift
18 July 2022 | 2 replies
Good evening BP family, As I'm sure a lot of you know it's getting pretty pricey to borrow money due to the events that have happened over the past 60 days.
Kelsey Goldstein
Best Banks for STR LLCs/Businesses?
3 January 2023 | 2 replies
Having to establish a different bank account for each activity, transaction class or financial event seems like a stretch.
Jarrod Covey
Austin's Real Estate Market throughout the COVID-19 Pandemic
1 September 2020 | 11 replies
A total of 78,000 expected available jobs by years end, and if this momentum continues, Austin would have a record re-employment by year end. (2)Almost 120,000 net new jobs are likely to be added through 2023, bringing wage and salary employment to nearly 1.2 million aggregate positions.(2)Austin ranks number one across the country in “Jobs in Excess of Pre-Recession Peak” at a growth of jobs created since 2009 recession of 38%.Second place is Nashville at 29%, which is nearly 10% more added jobs than the next strongest MSA — and 29% greater than the national average of 9%.Another national reference Mark Sprague noted was that only 8 metros have had full recovery (full employment or better, real estate sales/ values and GDP better than 10 year ago) and four of those Metros are in Texas.Also, throughout the entire pandemic Austin’s MSA stayed in the top 10 of all MSAs — and Texas had at least four cities in the top 10 throughout same period.A strong state economy surrounding what might be the hottest market within that state is a good recipe for investing.With double digit YOY appreciation and strong demand, the City of Austin remains one of the best places to buy & hold and even flip real estate.ReferencesTexas A&M Real Estate Center — https://www.recenter.tamu.edu/research/market-research#!
Simon Huber
Is there a risk with the loan?
3 January 2023 | 6 replies
@Simon Huber- Hypothetically yes, however, you will also significantly damage your credit and ability to get another loan in the 7 years following that event.
Denis Churchill
Hiring Day Labor Without Soc Sec Number
2 January 2023 | 2 replies
You need to provide an invoice in the event of an audit.An ATM withdrawal receipt will not be sufficient evidence.Furthermore, there may be penalties for failing to provide a 1099 or working with contractors who continue to fail to provide you with a completed W-9 Form.
Weston Harding
What are you’re Real Estate goals for the New Year? Mine are...
1 February 2018 | 41 replies
(I have no idea what yet)I am starting the year with a bang by planning the Midwest Real Estate Networking Summit, a 3 day event in May focused on learning everything about succeeding in Chicago real estate investing (details to come by the end of the month)I continue to strive to maintain the lifestyle goals I set for myself, never setting an alarm in the morning, working no more than 30 hours a week, and travelling 10 weeks a year.
Tyler Solomon
Short Term Rental - Non Negotiables when purchasing an STR Prope
2 January 2023 | 20 replies
Local colleges, tourist attractions, a view, direct access to things like major hospitals/venues/event spaces that are active.