31 October 2021 | 2 replies
Taking the advice from Brandon turner he mentions you need to have your crystal clear criteria as this will narrow down and tune in what you should start looking for.My CCC would relate towards my goal of beginning my momentum train through house hacking1- primary residence, anywhere from single to four plex depending on if I have the capital to.2-It will be in the same city or nearby from where I currently work in Palmdale CA. 3- condition, not to sure to be honest if I get a fixer upper what repels me from this is not having to capital to fix it.
8 November 2021 | 3 replies
Now a couple of curveballs: I am the tenant (50% owner of the family business in the building), the owner is a distant relative, and he’s willing to talk about seller financing.
11 November 2021 | 18 replies
Good place to start and learn the business with relatively low risk assuming you do your due diligence and the numbers work.
2 November 2021 | 4 replies
We're in good relations and we have agreed to be business partners if it is worth holding.
1 November 2021 | 9 replies
I can relate directly on the physical labor part as used to do property development.
1 November 2021 | 3 replies
You can get a gift for a down payment but it must be from a blood relative or "like" relative and the you must explain the close relationship and why the "like" relative would give you a gift. a GIFT for downpayment is money given willingly to a buyer without repayment.
11 November 2021 | 3 replies
I'm still relatively new to this as well (about 4 years in), but always seeking to provide value first before extracting it has been really beneficial to me.
2 November 2021 | 5 replies
The 750 hours requirement you are referring to is in relation to whether a taxpayer qualified for real estate professional status or not.
9 November 2021 | 11 replies
Surprisingly the repairs that came up as part of tenants complaints were not related to any of the things called out in the inspection report.
2 November 2021 | 15 replies
I would visit the register of deeds or call a title company and find out if there is any merit to the claims being made.