
17 April 2019 | 1 reply
With regard to getting the first deal done, you've taken care of a large piece, the financing.

18 April 2019 | 2 replies
One should always be careful when handling a sword.
19 April 2019 | 8 replies
The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.

24 April 2019 | 1 reply
It was always a different agent (buyers) and they all seemed less experienced, the marketing was terrible or nonexistent for listings, and the agents didn’t seem to care all that much.

22 April 2019 | 4 replies
@Josh Sicking, We specialize in landlord insurance in Texas and what we have seen is that you should use insurance if the damage really requires it, and if it is really just some delayed maintenance, you take care of it out of your expense account on the property.

22 April 2019 | 4 replies
Now be careful how you do this.. and use the proper instrument some states a QC may be trouble when you go to resell..

4 June 2019 | 5 replies
@Antony Nguyen To make sure you understand.....the refi’s/loans that you have, in whatever amount, nor any appraisal have Nothing to do with the taxes you will owe.In your example, ignoring fees/financing costs....Buy for $200k, spend $35k on rehab, sell for $350k (say $325 after commissions and closing costs)....You’re into the property for $235kYou sell (net of costs) for $325kYour taxable gain is $90k ($325k minus $235k)It makes no difference if you did this all cash, refi’d 16 times, and somehow got a loan for $350k.....none of that affects your gain.Also, the irs doesn’t care about selling quickly after refinancing (since refinancing doesn’t affect profit/taxes, unless......you refi right before a 1031, the.

7 October 2019 | 7 replies
I plan on doing this by growing a large portfolio as quickly as possible while being careful not to over-leverage myself.In order to grow my portfolio as quickly as possible without over-extending my debt, I will create equity through value add opportunities.