All Forum Posts by: Robert Fowler

My realtor turned me on to a property with seller financing.

The seller wants $465,000 and a 20% down payment. It sound like the terms are wildly flexible and I could potentially structure a deal where I cashflow $1200.00 a month after expenses. This would be amortized over 40 years at 5% interest and interested only payments with a 20 year balloon. I would be sacrificing the long term paydown of the loan for cashflow upfront. 

The returns seem good and this deal would leave me with just enough money to buy another home conventionally in the following 6-12 months if I can find the right houseback on the market. 

This is the first time I considered or been approached with this kind of deal, any input would be greatly appreciated!

  

I'm a property manager at a 100 unit apartment community and we have about 15 STR units. They're all 2 bedrooms but all the host have gone for one in each bedroom and in the living room of course. It's such a small expense these days, I would personally buy the extra 3 TVs.

 Unfortunately, no.  

I work full time for a property management company as a property manager and was recently offered an opportunity to work in corporate. My job title would change to "Systems Manager" or something similar. I also hold a real estate license and want to benefit from cost segregation and bonused depreciated to offset my W-2 income. I understand this can only be done if you can prove that 51% of your time is being spent on "real estate activities", but I wonder if my position as a property manager would count as a real estate activity for tax purposes? 

Any input is greatly appreciated!