Themis Kosmidis
Cleveland based investor looking to BRRRR various assets for the long run
27 January 2025 | 4 replies
I'm also very open to meeting other investors and to exchanging ideas.
Alex Moazeni
Teanent stopped me from removing a storage fence
27 January 2025 | 5 replies
In exchange, he gave her a small rent discount and even helped her relocate some of the larger items.
Anderson S.
Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
10 January 2025 | 2 replies
Use 1031 Exchanges to Defer TaxesIf you’re selling a property, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into another property.
Clint Miller
Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
Katie Southard
Really want my rental in an LLC
14 January 2025 | 1 reply
While my husband and his ex make a similar income and do not exchange child support due to us pointing that out in court a couple of years ago, she actively request all financial documents that she possibly can and examines our taxes, etc.
Nicholas Dillon
Taking additional cash from a 1031 exhange
7 January 2025 | 3 replies
Or any amount of cash you take out from the exchange are considered to be profit.
Joshua Patterson
Property Manager and Investor
20 January 2025 | 6 replies
That will probably be your best bet, to buy a fixer and get it cleaned up and then rent it out.Best wishes and good luck with your endeavors.
Michael Overall
DST or other mechanism
20 January 2025 | 3 replies
And that’s just one property you are inquiring about 10 rentals, 10 exchanges, minimum 10 DSTs (unless you can sell a few properties at the same time).I’m not sure DSTs would be the correct route.
Joy Daniels
Pets and Service animals at STR
18 January 2025 | 15 replies
Best bet would be disclose in your listing & disclose again in your welcome message when they book.
Katie Southard
Do I sell my rental property and take the cash tax free?
28 January 2025 | 1 reply
It's hedging your bets.