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17 October 2021 | 9 replies
Property is is excellent condition.
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17 October 2021 | 1 reply
I am planning to buy 2 new properties soon and am debating whether to call the listing agent or select my own agent to represent me.
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27 October 2021 | 3 replies
Typically, can you influence the appraisal by coming to the table with selected comps of your own, or is that something that you're stuck with whatever loan provider you're getting the refi from?
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26 October 2021 | 8 replies
I am going to list them:TurboTenantIt is completely free to advertise your rental, screen your tenants.You upload your pictures, write a description and it posts to 20+ websites for freeTakes about 24-48 hours for leads to come in.Once you select a tenant, they pay for the background check, upload documents (paystubs, ID, W2) and it is all set to you.It even helps you build a lease after you select a tenant (there is a $30+ fee for the lease)My referral code (https://turbotenant.com/r/T3du... disclosure.
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8 November 2021 | 5 replies
@Craig ComstockLLC's can potentially provide tax relief by self-employment tax savings if selected to be taxed as an S-corp.However, be mindful that the tax savings comes with additional administrative tax burdens - S-corp tax return / payroll tax return.
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1 November 2021 | 26 replies
Only concern you'll have is the rehab budget and maybe tenant selection. $10-15K goes really quick I'm sure you know, and finding good tenants takes time.
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4 November 2021 | 7 replies
Multiple sub contractors with multiple separate contracts are not allowed.Repairs/Improvements must be completed by licensed contractor(s) as required by local/state municipalitiesRepairs cannot be completed by a related or interested party (i.e. relative, real estate agent, seller, broker, etc.)Borrower selects contractorContingency ReservesMinimum 10% is required.
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5 February 2022 | 8 replies
Excellent blog!
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26 October 2021 | 3 replies
By software I mean QuickBooks or even an excel sheet.