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8 January 2025 | 6 replies
It can also create a lease for y'all to use.
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8 January 2025 | 16 replies
However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.
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10 January 2025 | 16 replies
*This post does not create a CPA-client relationship.
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4 January 2025 | 0 replies
For wholesalers: How are you adapting to buyer preferences or creating irresistible deals despite tighter margins?
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8 January 2025 | 10 replies
Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)maintence/capex expenses4)vacancy expense5)management expense (to put the units up for rent)6) property taxes 7)cashflow am i missing anything?
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3 January 2025 | 1 reply
Purchase price: $630,000 Cash invested: $120,000 Completely gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.New garage with rental unit.
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13 January 2025 | 15 replies
Be prepared to spend a lot of money creating the infrastructure.
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17 January 2025 | 37 replies
We’ve been victims ourselves and I’ve been told that directly by law enforcement.We had a scammer create a very professional website using the exact name of our lending company.
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6 January 2025 | 1 reply
So here's the question, How can I legally evict a tenant who hasn't seemed to do anything wrong except created a landfill in their apartment.
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5 January 2025 | 6 replies
A few resources that might help: • Books: The Millionaire Real Estate Investor by Gary Keller and How to Create Wealth Investing in Real Estate by Grant Cardone. • Documentaries: Check out The Queen of Versailles for insights into the challenges of hotel investments. • Podcasts: The BiggerPockets Commercial Real Estate Podcast has episodes on niche asset classes, including hotels.