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31 January 2024 | 5 replies
Can anyone give any advice or do's and don'ts when setting up an entity to operate a flipping/real estate business?
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31 January 2024 | 3 replies
My rough strategy is buy SFH (older but (semi) recently remodeled B- to A- properties in good areas likely to continue appreciating and attracting good, trouble-free tenants) 0% down VA (may consider a small amount on second property, like up to 3% just to speed things along) and stay in it as my own primary residence until at least 10% of purchase price paid off and able to cashflow 300+/ month after mortgage, taxes, insurance and 15% set aside for repairs, vacancy, and maintenance (like I said, I'm not overly interested in rental RE, so I want to be sure it's lower effort and worth my time in return).
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31 January 2024 | 7 replies
Hoping one of you seasoned landlords can offer some advice.my wife and I owned a pm company in San Diego that we sold prior to our move to Iowa.Initially our plan was to start another pm company here where would manage our 6 rental Props and offer 3rd party management.We have adjusted that plan and are no longer thinking about starting a new pm firm.Initially we had set everything up with PMW (website) and their sister company Rentvine for our pm software.However, since we will now just be self managing our own properties, rentvine is a little too robust and expensive.We are trying to determine what consumer grade software to use that will still allow us to:Syndicate adsPlays nice with tenant turner Offers easy tenant payment optionsOffers customizable applicationsOffers lease templates that can be e signedOffers a tenant portal for maintenance requestsIf any landlords have suggestions let us know.Appreciate any help.
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1 February 2024 | 9 replies
GDP increased by 3.3% on an annualized basis in Q4 2023, handily surpassing expectations of 2%.Strong growth was accompanied by good news on the inflation front, with the Core Personal Expenditures Price Index meeting the Federal Reserve’s 2% target in Q4.
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1 February 2024 | 7 replies
When could we set this up - I am traveling starting February 8th.
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1 February 2024 | 29 replies
The seller nor the realtor has ever set foot in the house so they don't know the condition.
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1 February 2024 | 11 replies
After a decade of climbing a ladder that seemed to lead nowhere (thanks, unrelated industry), I thought, "Why not trade the briefcase for a set of keys?"
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1 February 2024 | 0 replies
If you have a rate of 6% or higher it may be time to reach out to your mortgage professional and see if you qualify or set up a plan for refinance in the future!
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1 February 2024 | 6 replies
She also doesn’t want to have to keep paying the holding costs if she doesn’t have to.How can we set this deal up where I can take possession of the house and begin work while waiting to do the sale until I’ve got another house sold to purchase this one?
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1 February 2024 | 0 replies
To set the stage, it's important to share with you that I NEVER post on social platforms, but I'm taking this time out of my busy schedule 'cause this secret is too good to keep to myself.