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5 October 2024 | 0 replies
Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!
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5 October 2024 | 1 reply
Financing: Traditional financing is a great choice for your first property.
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7 October 2024 | 20 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.
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7 October 2024 | 39 replies
I see you've specified you're looking to stay on the Iowa side of the river, which I think is a wise choice.
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7 October 2024 | 24 replies
Another thing is a small detail like who pays the ACH fee can be a choice to go to you or tenant.
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4 October 2024 | 33 replies
Through strategic renovations and tenant management, we forced appreciation, increasing the property’s value to $3.4M according to the lender’s appraisal.
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7 October 2024 | 8 replies
If so, your choices become much more limited.Any other areas of interest?
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8 October 2024 | 36 replies
I am in the camp that anyone can be found rather easily but it's a choice of your comfort level and what your desired outcome is.
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4 October 2024 | 1 reply
What makes bridge loans a smart choice for real estate investors?
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3 October 2024 | 7 replies
Also need to focus on markets/communities that strike the balance of relatively low land cost, strong rental demand and include professional property management to strategically minimize vacancies and maximize rental income from day one.If you have more questions, feel free to reach out!