All Forum Posts by: Ty Coutts

Hey Mike, 

In this situation, it's important to be cautious and transparent. Taking a deposit to secure the deal can be a good option, as it shows the buyer is serious and committed while also giving you the time needed for the 90-day rule to clear. However, you should have a clear agreement in writing that outlines the timeline and conditions. Alternatively, you could draft a contract with a delayed execution date, stating that the agreement will officially go into effect once the rule is lifted. Either way, make sure to consult with your real estate agent or attorney to ensure everything is legally sound, and keep the buyer informed about the timing. If you have any questions, feel free to Dm me.

Hi Ken, 

I'd say, it’s critical to remember that your financing strategy should align with market trends and buyer financing options. When flipping, the most important thing is understanding the available loan programs for potential buyers. With homes staying on the market longer, be aware of interest rates, as they can influence buyer affordability. It's also essential to factor in your financing costs and ensure your cash flow projections align with holding costs. Before committing to a flip, ensure you have a clear exit strategy, whether it’s selling quickly or holding for a longer term. If the market shifts unexpectedly, it’s vital to know your options and avoid over-leveraging. Keep a close eye on the actual cost of rehabs and make sure your remodel stays in line with comps in the area to ensure profitability. Finally, work with your lender to assess the financials thoroughly before jumping in. If you need any help on the financing, please feel free to DM me.

Hi Nina,

These strategies are great for diversifying and maximizing returns. From my perspective, it’s essential to ensure that financing aligns with your long-term goals and risk tolerance. For co-living spaces, it’s important to confirm that lenders are comfortable with the unique rental model, as it can impact property valuation. For value-add investments, securing the right type of financing that accounts for the property’s potential appreciation is key. When considering creative financing, it’s crucial to fully understand the terms and risks of partnerships, seller financing, or using HELOCs to avoid overleveraging. Lastly, land development requires solid planning and capital, so getting the right development loan with flexible terms will be vital for success. Keep a close eye on interest rates and cash flow projections to ensure these strategies align with your financing plan.

Hey Jokari,

It sounds like you're in a bit of a tight spot, but there are a few options to explore. A bridge loan could work, as you mentioned, allowing you to access immediate capital to pay off the equity agreement and then refinance later once you have more equity in the property. Another possibility is looking into a home equity line of credit (HELOC) on your personal residence, which could help you tap into available equity without a large lump-sum repayment upfront. If the cash-out refinance option isn't providing enough liquidity, you could also consider a hard money loan, though these tend to come with higher interest rates and shorter terms. Ultimately, it's essential to consult with your lender to understand what's best for your long-term goals and costs involved.

Hi Chris,

Start by networking through BiggerPockets, local real estate meetups, LinkedIn, and self-storage investor groups. High-net-worth individuals, private lenders, or experienced investors looking for passive income may be ideal partners. Be clear on terms—percentage of equity, profit-sharing, and exit strategy. Consider structuring it as a joint venture (JV) or syndication. Also, explore creative financing options like seller financing or private loans to reduce upfront capital needs. A strong deal presentation will help attract serious partners for this and future investments!

Welcome, Takarra! 

It's great that you're ready to take action. The BRRRR method is a fantastic way to build wealth, especially in Augusta, where there are solid cash-flowing opportunities. Start by networking with local investors through Augusta REI meetups, BiggerPockets forums, and Facebook groups. Building a strong team (agent, contractor, lender, property manager) is key—seek referrals from experienced investors. Consider starting with a SFH or duplex in an area with strong rental demand. If you have any questions or need help on a loan, DM or email me, I'm licensed in Georgia.

Hi Veronica, 

It sounds like you're heading in the right direction by setting up an LLC for your flip. Since the property is being held for less than 12 months, the IRS will likely classify it as a dealer property, which means the profits from the flip are subject to ordinary income tax rather than capital gains tax. In this case, the LLC will file taxes as a pass-through entity, meaning the income or losses will be reported on your personal tax returns, and each partner will report their 50% share of the profits or losses on their respective individual tax returns.

To make sure you’re doing things correctly, I recommend consulting with a CPA who specializes in real estate investments, as there may be strategies to mitigate tax liabilities or specific deductions you can claim related to the flip. They may also help clarify any state-specific tax rules in Ohio and Washington. If you need any help with the financing or have any further questions, feel free to reach out.

Hi John,

Pricing for short-term rentals inFt. Myers varies based on seasonality, local demand, and competition. Peak months (winter/snowbird season) see higher rates, while summer and hurricane season may dip. Use AirDNA, PriceLabs, or Wheelhouse for data-driven pricing. Also, check comparable listings on Airbnb and VRBO with similar amenities. Dynamic pricing tools adjust rates based on demand. Ensure strong reviews, professional photos, and optimized listing details to stay competitive. Consider adding amenities like beach gear or a hot tub to boost bookings. Good luck!

Hi Kanaam,

To start, focus on financing—U.S. lenders may require higher down payments (often 25-35%) for foreign investors. Research financing options like portfolio loans or working with international-friendly banks. Have reserves for vacancies, repairs, and closing costs. Building a solid team (agent, property manager, lender) is key. Understanding cash flow and loan terms will help you manage payments. Connect with investors in similar situations for insights. Any other questions, let me know!

Hi Tom, 

Building a manufactured duplex on land could offer great returns, but it comes with complexity—zoning, utility hookups, and permitting can delay your timeline and add hidden costs. An existing duplex provides immediate rental income and proven market comparables, reducing risk. Your $120K could cover a strong down payment on a cash-flowing duplex. If you’re comfortable with the process and local regulations, new construction might yield higher equity, but for simplicity, an existing duplex is safer. Any other questions or help with a loan, feel free to Dm or email me!