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25 April 2024 | 2 replies
Ya that does seem high, but I do know that they went up earlier this year and they're making an effort to increase rents to compete with the all time high cash rents in the area.
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26 April 2024 | 44 replies
In order to become a hard money lender, you will need to do the following:Access to MoneyHigh Risk and High RewardEstablish a BusinessGet the Word Out
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24 April 2024 | 8 replies
The remainder of your inheritance should be directed toward conservative assets or paying down high interest debt.
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23 April 2024 | 14 replies
Make sure you do not max out on your first deal regarding your Debt to Income Ratio otherwise it will make it challenging to move on to the next one.
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26 April 2024 | 15 replies
I highly recommend that any investor in Canada find a similar database as well.
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26 April 2024 | 7 replies
You therefore have to research well on the market before you consider this kind of investment that requires town location without too high prices but attractive earnings at any given time.Cities such as Dallas-Forth Worth, Charlotte, Indianapolis, and Atlanta have varied job prospects and available affordable multifamily properties.
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26 April 2024 | 1 reply
Properties located in areas with high crime rates may be less attractive to potential renters or buyers, which can lead to lower property values and rental income.Neighborhood DemographicsThe demographics of a particular neighborhood can impact the demand for housing and rental properties.
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26 April 2024 | 9 replies
High energy in your post, but tread carefully.
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24 April 2024 | 40 replies
There are many different ways our legal system abuses those who have insurance with ultra high limits. $1million in umbrella coverage stacked on top of the underlying liability coverage for the property is more than adequate.
25 April 2024 | 0 replies
The IRS cross-references your 1098s with claimed deductions, raising concerns if discrepancies arise.Private Lenders and Forms 1098: Private lenders are required to send Forms 1098, but only if they meet specific criteria:The private lender operates as a “trade or business,” distinguishing professional lenders from casual lenders like friends or family members.The loan is issued to an individual or a disregarded single-member LLC.The loan is a mortgage secured by real property.The annual interest paid on the mortgage was $600 or more for the previous year.The conditions leave some room for interpretation, particularly regarding the “trade or business” clause.