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29 February 2024 | 6 replies
These state credits can sometimes be used in conjunction with the federal credit, further enhancing the financial benefits of rehabilitating historic properties.Application Process: Applying for historic tax credits can be a complex process, involving approval from both federal and state agencies.
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29 February 2024 | 2 replies
I will still go through the entire eviction process the following week to make sure that it is taken care of, but who will come and get her personal belongings if she is in jail?
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29 February 2024 | 28 replies
A house hack is like that beginner run—you’ll fall down a few times, and learn in the process (but you hopefully won’t get yourself killed!)
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29 February 2024 | 0 replies
Now, we will take the proceeds from this sale and move it into a larger deal to repeat the process again.This is called VELOCITY of money - How fast can I trade up to bigger and bigger assets and use the same dollar over and over again to increase my net-worth, cash flow, and balance sheet.
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28 February 2024 | 7 replies
3) Do I need to have an actual company or can I do this as a private individual?
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29 February 2024 | 10 replies
Systems and processes - your project manager or general contractor are responsible for weekly walk throughs, and material inventory.Best of luck!
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29 February 2024 | 12 replies
Understand their fees, bid process, termination requirements, markups for work done, how they confirm fair bidding (especially if they have on-staff handyman).I would talk to the actual tenant in place to understand what their experience is with both property and management team.I would drive the area to understand how your property compares to others on the street/in the neighborhood.I would talk to other management companies and realtors to understand their understanding of the market, rent levels, etc.Basically, full due diligence and underwriting of the property.
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28 February 2024 | 7 replies
If you are owning, you might be able to fill another individual in there as you mentioned if there's room.
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29 February 2024 | 4 replies
You could also use the current home to pull out a HELOC for the DP of the next FHA home.Make sure you are talking to an experienced Banker or Loan officer who has handled multiple "Gift of Equity" type transactions to avoid drawn out process or issues in underwriting.
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28 February 2024 | 7 replies
I'll need th e drawing and someone to do the work.Where is the best place to find individuals who do this type of work.