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12 February 2025 | 8 replies
Now, you need to figure out how to find deals and pay for them.
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17 February 2025 | 7 replies
My name and my daughter’s name(s) are also in title and the loan.I have really good equity in both properties (six figure) with great interest rates.At some point my daughters and their husbands will move out to upgrade to something bigger.I want to turn these properties into investment properties after my daughters move out: thinking the best way is to convert in my name only.Also considering leveraging the equity in the properties to help buy new homes/townhomes for my daughters when they are ready as well.Wondering what the best strategies would be for me to expand property portfolio, minimize tax impact , create more passive income while continuing to help my family grow.I appreciate any advice!
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17 February 2025 | 4 replies
Step 1 is to demonstrate real expertise in what you're teaching through verifiable results.Step 2 is to figure out what other courses are failing to deliver and target that.I'm not at all enthusiastic about another real estate guru.
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18 February 2025 | 8 replies
Evan your point about wholesaling is a good one too, I have to admit the red flags did go off for me a bit but I figured it'd be worth seeing what others had to say.
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22 February 2025 | 15 replies
Made 6 figures in GCI doing that in 2024.
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13 February 2025 | 0 replies
How would you guys go about figuring out what’s what without making 1000 trips down there to drive around every neighborhood.
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8 February 2025 | 6 replies
I figure we have around 5M equity we can borrow against after 70% ltv and buying out the other member.
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24 January 2025 | 0 replies
.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
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29 January 2025 | 3 replies
Since we'd already lost the guest fee for the weekend, we chose to wait rather than incur another after-hours fee.After midnight on Friday night at approximately 1AM, a Ring alert was triggered by an outdoor camera at the property.
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21 February 2025 | 6 replies
How can I do that" Again rather than give advice when I am not a tax professional I figured I would pose his question on the forums to see what response the community would give.