Hayden Thomas
Flipping and wholesaling
19 March 2024 | 4 replies
Cover all closing cost and keep difference.
Account Closed
Some of The Biggest Mistakes Investors Make in Real Estate
19 March 2024 | 6 replies
Code Chapter 47 - Fraud And False Statements, which is a very boring read, unless it applies to you.Please don’t do that.Make sure your Proof of Funds source has the funds and that you are authorized to use those funds and the source will vouch for you in court.If you are going to buy “Turnkey” it is recommended you visit the actual neighborhood and actual house before closing.Things can be very different in person.Afterwards is too late.You may not like what you seeGo with the Math, not the emotions or hopes of the futureIf you are losing money with the hopes of making it up later, you should seriously reconsider.Wishful thinking is a poor investment.Interest rates are going upAnd interest rates are going down.And interest rates are remaining the same.There is no clear direction for rates and there are arguments for going each direction – buy so that your property cash flows, even if you are wrong.Ignoring your workers.Always serve your workers pizza on the job.It keeps them on-site so they don’t wander offThey will think you actually care and will work harderYou get to become “one of the boys” and they will tell you things you need to knowHmmm, out of space, but not out of mistakes.
Ivan Aldana
Where to invest for STR and MTR
18 March 2024 | 35 replies
That is something that can make a difference.
J Scott
J Scott - Author of Flipping/Estimating Book - Ask Me Anything!
19 March 2024 | 323 replies
Every location is going to be different.
Kasey Gagnon
First Investment Property LLC vs Conventional Loan
18 March 2024 | 8 replies
While the general principles regarding LLC ownership, asset protection, and taxation may apply universally, specific legal requirements, regulations, and tax implications can differ from state to state.Good luck!
Fred Kahn
Is using Turbo Tax ok for rental properties
18 March 2024 | 9 replies
it's possible but unlikely. a great CPA who specializes in REI will be able to help you plan AHEAD for tax time and use different pieces of the tax code to your advantage, based on your unique situation, and ultimately save you way more in the long run. would you rather pay $750 to have a return done & get a $5,000 return, or pay $30 to have a return done and owe $5,000?
Aram V.
Renter's Insurance ???
19 March 2024 | 12 replies
Every tenant is different, how would you know how much insurance they would want or do you just do a "base" amount so they have basic coverage ?
Elisa Lisa p
We are Purchasing a home for my family which one to choose
18 March 2024 | 7 replies
I'll take the 200 square feet difference between the sunlight any day.
Sadaf Mikanik
Where to list property for traveling nurses?
18 March 2024 | 2 replies
I will say I got an inquiry on Furnished finder and the person inquiring worked at my local hospital and the hospital never gave them any landlord listings but areas differ.
Jason Serrano
Investor in real-estate
18 March 2024 | 1 reply
It will give abase of what you can do and different tools available.