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4 October 2024 | 6 replies
Once you get a job and get more acquainted in the real world, find an agent that you like, they can help you find a lender, start making some offers and close something up that can make sense to live in/rent out for both your budget but also as rental.
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3 October 2024 | 9 replies
You can also find real estate investing groups through meetup.com, Facebook, or a Google search.
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3 October 2024 | 23 replies
You can be fined up to 3 times your profit from the deal for that.
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4 October 2024 | 7 replies
See if you can get a copy of The Millionnaire Real Estate Investor by Keller.The Slight Edge and Atomic Habits too.Awesome board with many smart people having own suggestions and ideas to grow wealth!!
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3 October 2024 | 2 replies
Itotally understand why you’d want to manage things yourself—it can definitely help save costs.
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3 October 2024 | 6 replies
According to the IRS the vehicle needs to be used for 50% for business and needs to be "ordinary" and "necessary".Anybody who can give their expertise I would appreciate it.Thanks!
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4 October 2024 | 17 replies
In cheaper markets it is more common to rent LTR (from what I can see, that's why the prices are lower).
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3 October 2024 | 7 replies
The list of docs I have include:PSAMemorandum of AgreementAffidavit of LiensDue on Sale DisclosureAuth to Release InfoGen Warranty Deed (as the bank holds the title at the momentMobile homes can be treated as an automobile or as real property.
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3 October 2024 | 2 replies
📍 Property: 88 Innis Ave, Columbus, OH 43207💰 Bought for $1,000, Sold for $40,000📅 Total investment: $5,170.36📝 Licensing Fee: $3,000⏳ Processing time: 58 days from purchase to disbursement🔑 Key Numbers:Profit: $34,829.64ROI: 673.64%Annualized IRR: 4098%Ever wonder how land entitlements can deliver these kinds of returns?
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3 October 2024 | 7 replies
Plus, many build-to-rent options come with property management baked in, which can be a huge benefit if you prefer a hands-off approach.On the flip side, BTR properties can sometimes come with a higher upfront cost or a longer timeline to start generating cash flow, especially if construction is still in progress.