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13 March 2024 | 0 replies
What made you interested in investing in this type of deal?
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13 March 2024 | 8 replies
Private investors or lenders to flippers is common practice as is the 50/50 split.
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13 March 2024 | 10 replies
if the property is $100K and the rehab is $60K you'll need 10-15% down plus closing costs plus holding costs - conservatively 16-24K + 5-10K + 6-12K = 30-45K at leastand you don't want that to be all your savings... so you'd need separate savings and emergency funds - i'd want 25-50K depending on situation, lifestyle, etc.so 50-100K i guessbut that's just a horseshoes and hand grenade estimatethese types of questions are hard because we don't know much about you or your financial situation
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14 March 2024 | 24 replies
Local/Regional STR owner associations as well as AirBnb and VRBO often lobby for common sense regulations.
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13 March 2024 | 4 replies
I think maybe our family has reached the tipping point where it's wortwhile.JThink about something very bad happening at your property (think fatality or permanent disabilities) and then ask yourself what an attorney might sue you for in that type of scenario.
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13 March 2024 | 0 replies
I am thinking about turning my half bath into a full bath.What made you interested in investing in this type of deal?
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12 March 2024 | 4 replies
@Meghan Combs go to NARPM.comRegarding a "Tinder" type site, you're assuming PMCs would want to participate.
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14 March 2024 | 23 replies
Unless it’s a multi-unit property you have no duty to perform any type of background check & in almost every state massive increased liability from doing so. 2.
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11 March 2024 | 25 replies
What about other types of "passive income"?
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13 March 2024 | 6 replies
From that you either can offset or add to your AGI or capital gains depending on which type of gain it is.