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20 July 2011 | 49 replies
Its tough to claim this designation if you have a full time, w2 job, and the IRS knows it.
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8 December 2022 | 3 replies
You need someone that clicks with you personally before engaging in a mentor/mentee relationship with the dedication and stress that may be involved.Where to find a mentorStart by looking within your existing network.
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4 December 2022 | 12 replies
A dependable tenant is someone who:Has stable employment in a market segment that is very likely to be stable or improve over timePays all the rent on scheduleTakes care of the propertyDoes not cause problems with neighborsDoes not engage in illegal activities while on the propertyStays for many yearsPeople think that tenants are a single entity with common behaviors.
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11 November 2022 | 9 replies
Some will tell you to engage in strategic organic conversation and strategically (manipulatively) indirectly ask questions so they can give you the info you need.I'd saym, don;t even bother.ASK them directly:Why are you selling?
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11 November 2022 | 11 replies
.; how to analyze properties, how to find an investor-friendly agent, how to engage in a strong due diligence process, how to screen tenants, how to manage the property, how to build a network of contractors, plumbers, electricians and other pros, how to manage the book keeping of the property, etc., etc., etc.
14 November 2022 | 4 replies
If you add a closet and can meet the other conditions then I see no reason why you can’t design it as a bedroom.
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11 November 2022 | 0 replies
Jerry was very flexible in terms of making changes as the project moved forward as well as providing his expertise in both design decisions and offering me multiple solutions to any issues that came up.The project soon expanded into a whole-house remodel.
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12 November 2022 | 5 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.
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28 December 2022 | 11 replies
I read through the city website, and seems like for an outside investor like myself, we need to designate an agent to assume and take on all the non-compliance responsibilities.
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30 November 2022 | 3 replies
We designed the interior with comfortable furniture, Smart Tv's in every room, and gave the place an overall beach vibe.