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18 August 2024 | 28 replies
@Ryan ChatmanInteresting im also in the lehigh valley, where i work at i see mostly window units if there is no option for central AC what kinda cost for repairs do you see over time and how often do repairs even come up?
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18 August 2024 | 4 replies
Situation: Years ago the owner of a property worth $1M and an elderly property owner placed a REVERSE MORTGAGE on their property which when funded allowed her to stay in her home and receive distributions from the lender up to a MAXIMUM sum of $700K.
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11 August 2024 | 7 replies
Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?
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17 August 2024 | 2 replies
Since you're in Atlanta, you’ll need to file both federal and Georgia state corporate taxes.Deadlines:Federal: Typically due by April 15 (if your fiscal year ends in December).Georgia State: Usually aligns with the federal deadline.Penalties:Federal: Late filing can result in a 5% penalty per month on unpaid taxes, up to 25%.State: Georgia also charges penalties and interest for late filings and payments.Filing Options:Federal: You can file using the IRS e-file system or tax software like TurboTax Business.Georgia State: You can file online at the Georgia Department of Revenue’s website.If you’re pressed for time, file for an extension to avoid penalties!
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14 August 2024 | 64 replies
I can vouch for their character and their methods work, you just need to decide if you’d like to learn it and do it yourself or hire it out.
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17 August 2024 | 10 replies
Whatever other challenges came up, you have gotten past those.
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17 August 2024 | 6 replies
I'm looking at a property in Riverside county CALIFORNIA that is coming up for tax sale.
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19 August 2024 | 11 replies
Here's a couple of them https://www.mcallenedc.org/https://edinburgedc.com/https://mercedesedc.com/https://sanjuanedc.com/You can google the city name and "economic development" and most of them will pop up.
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17 August 2024 | 10 replies
It wouldn’t be too difficult to draft up but figured I’d ask if anyone already had something similar they use as I already have a tenant I need to get something over to.
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17 August 2024 | 8 replies
How much will end up coming out of your pocket will ultimately depend on the coverages and exclusions you have.Good luck.