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30 April 2023 | 30 replies
Instead of getting a bill for the leftover amount from her deposit she is getting it all back so we all won on this one.
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5 April 2022 | 46 replies
A benefit for being a pro member is for sure the ability to watch all the webinars.
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6 April 2022 | 27 replies
By purchasing the LLC you purchased all shares in the LLC, i.e. you are the only officer and have 100% control of the LLC's operations.Assuming all of the above, there's virtually nothing stopping you from doing what you suggest other than the ability to get loans as mentioned above, i.e. you can't pretend the repayment of the LLC note doesn't exist and that the income to repay the note isn't generated by the properties.
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26 April 2022 | 5 replies
I feel the options, opportunities and abilities of having that $20k in the back are worth more than the slow trickle of cash flow it would provide.
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4 June 2022 | 23 replies
Also as stated that sometimes and some markets investing for appreciation is the goal due to low cash flow ability but big long term appreciation which is what really leads to wealth.
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5 June 2022 | 11 replies
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀This is a problem because the key to wholesaling success is your ability to reliably find off-market motivated seller leads!
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7 June 2022 | 5 replies
@Tyler Youtzy- thanks 1) you will need to occupy the new home within 30 days of purchasing it ...if your ability to occupy will be several months into the future - many lenders will have an issue 2) In order to offset the present home you own with rental income - you will need to provde the lender with the new signed lease froma new tenant ...otherwise - the full payment will be used in qualifying ratios 3) if there has been any formal documents recording regarding the pending divorce - this will likely cause lenders to require the divorce is finailized before any new closing can occur
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30 August 2022 | 8 replies
As well as the ability to contract out work under my own license.
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30 June 2022 | 37 replies
do you have any concern that revenues could be declining due to increasing local competition and renters preference/ability to travel elsewhere post-pandemic?
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18 June 2022 | 6 replies
I wouldn't have allowed it to begin with as it interferes with the others ability to use the house and as others stated, it is a common space for all to use at any time.