All Forum Posts by: Kumar Gaurav

@Dele Gabriel

I recently received a flyer from a company called figure dot com , they seem to process HELOC much faster than traditional but please do your own research as I haven't worked with them and check with other experienced members

@Ronald Rohde

It’s Class A , 140 Units Baltimore 6% annual coc

@Ronald Rohde

The margins seem to be getting wafer thin these days, I’ve been thinking to get into syndication investments as an LP to go completely passive with my RE investments .an opportunity that I recently came across and reviewed has a 6% coc annual return and up to 1.5x to 16x principal return projection after 3 years, this seems closely comparable to other risk free asset classes such as CDs and bonds. Appreciate any feedback on this Syndication deal returns, is it possible to do better on syndications in this market?

@John Williams

Appreciate if you can elaborate how equity can be tapped given refinancing is not an option in this market, can we still leverage on HELOC because they seem much higher than conventional rates.

@Jason Marino

Thanks Jason. Say if the rental makes up to $50k an year are there any going to be any tax advantages? Can I somehow make it look like active income at least some part of it?

Hello,

A friend of mine owns rental real estate in his name (not LLC) but collects rent through an LLC, are there any tax advantages or any other advantages with this setup? I as a landlord directly collect rent from my tenants that goes into my bank account. I am curious about if there are any advantages about getting paid as a Landlord directly Vs LLC.

Thanks

@Bill Brandt

It’s a 1 mil property :(

They suddenly raised it sneakily here in NJ

I should probably 1031 exchange to NV

This tax bill outrageous

Hello,

I was having a gala time back in late 2021 when I managed to refinance to a lower 2.5 interest rate on my OO MF fast forward one year to 2022 my property tax suddenly increased by over $4000 (from $11000 to $15000) in my entire neighborhood. This sudden Property tax increase already wiped out more than 50% of the gains I was having from the reduced interest rate. Fortunately I am able to increase my rents

to offset this suddenly hit but I am having a hard time accepting this sudden draconian imposition of tax and trying to identify best solutions to hedge this, should I open a CD that yields 3-4% with a sum of money that generates

over $4000 per annum, are there any other options in this market that can safely earn more

to offset my prop tax? Please let me know if there any better ideas

Thanks

@Tony H.

Probably a good idea to rent on a per room basis? It’s possible to make more and relatively less riskier with respect to defaulting on rent.

@Andrew S.

Sorry to hear that and how can they be so callous and exactly how can we address the problem if they conveniently ignore sharing the specifics while conveniently sending the warnings and summons?