Ethan Friedman
I’m new here!
17 January 2024 | 5 replies
Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?
Hyeseong Park
Is it possible to do AirBnB for my residential unit?
17 January 2024 | 5 replies
(In Denver, where we work, you have to submit your driver's license showing the address and one other form showing that address -- could be utility bill, tax return, etc.)Good luck!
Tony Chiha
buying a house at a lower than market value
17 January 2024 | 4 replies
Then your holding costs (taxes, insurance, maintenance/repairs, etc) will take up a lot and if you are planning on flipping it for $1.2m through brokers, your closing costs will be around 6% (5% commissions + ~1% costs), which will leave you with $1,128,000 after closing, not including the holding costs and rehab costs.Â
Yi Chu
Business credit card repayment method
16 January 2024 | 1 reply
When we set up auto pay for business credit card, should we use 1) personal bank account or 2) business checking account to make a payment from accounting or tax perspective?
Jake LaRoche
Just looking to get a round about for how much i would qualify for a mortgage.
16 January 2024 | 10 replies
I am not sure what is a typical tax rate, and how much do homeowner insurance run for.Assuming a 2.5% tax rate, $2000/mo homeowner insurance, no hoa, the maximum you can qualify for is $350k-$400k
George Red
Experience using SAVE or CSL Housing Programs in Kansas City?
17 January 2024 | 6 replies
Meanwhile our property taxes doubling and property insurance etc.
Wilber Perez
Down payment needed
17 January 2024 | 15 replies
This is a pretty vague question, it all depends on purchase price, loan amount, interest rate, taxes, power, water, sewer, cap ex, vacancy, maintenance, rent price.
Reese Brown
First Deal… Opinions please
16 January 2024 | 1 reply
You will be responsible for property taxes and insurance which will likely be higher than what the current owner is paying because it’s never not been the case for me.
Max Yuan
Too many off-market leads for me to actually execute on
17 January 2024 | 13 replies
Working on large-scale data is great b/c sometimes it's all about how many owners you approach daily; the issue with over-the-top details is also getting lost in targeting specific owners and situations, aka focusers/tax liens, etc.
Jay Hollis
Moneyflow for multiple LLCs and management LLC
16 January 2024 | 3 replies
One of the main issues is how does the tax part of it work.