9 January 2019 | 7 replies
They are going to be very relied upon when I go look at properties. 1 They are going to look out for their relationship with you by not giving you bad or misguided advice to preserve their own interests in the future. 2 Hopefully, they have been doing this kind of investing long enough to see potential issues and what a quick fix could cover up. 3 Know what questions you should ask.
10 January 2019 | 4 replies
I should be covered through insurance.So, finally, my question is: how do you limit your exposure to legal liabilities as you your real estate net worth grows, assuming traditional mortgages remain an essential part of your strategy (i.e., an LLC won't work)?
27 June 2020 | 9 replies
I would read the law regarding tax sales in your state real estate code or whatever section covers that.
10 January 2019 | 15 replies
I find that there are plenty of properties where the rents are covering the PITI, millennials and many others just need to pull the trigger.
24 April 2019 | 5 replies
Between them they can cover pretty much any project and they have always done good work.
24 April 2019 | 7 replies
- Drain pool, cover pool- Run HVAC for 10 minutes, AC/Heat- Leave refrigerator slightly open- Run all water fixtures and flush toilets a few times- Drain and turn off water heater - Have gardener specifically look for rodents intrusion Any and all ideas on additional long-term storage welcome.
23 April 2019 | 9 replies
I've even had them initial key points in the past so they couldn't argue I never covered it or that they hadn't seen it.None of it matters.
24 April 2019 | 9 replies
Fear does not keep me from buying a can of spray paint and running up and down a neighborhood toward the end of a rehab covering up gang graffiti.
1 May 2019 | 19 replies
I'm not a socialist, but health care is a special case where it would make sense for the feds to "regulate commerce" for the benefit of the people.And back to real estate...I hope your RE investments cover you in the event of a catastrophic health event.
27 April 2019 | 18 replies
Understand "why" you want real estate and write down your goalsNo TVNo radioNo social mediaNo games (except family stuff)Turn your car into a mobile university (podcasts, audio books)Get up earlyEat a simple diet (simplicity and mind-share)Keep a simple wardrobe (simplicity and mind-share)Give up social stuff for a year or twoSchedule specific time with your wife and kidsCut out spending that does not align with your goals (requires less income to cover)Tie your identity to growth (mindset)It's time to attack the day (every one of them).