Avani Patel
software to filter properties by return rates
17 January 2025 | 1 reply
I want to be able to find potential markets/listings nationally based on the return.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
I've been allocating based on sf used all direct and indirect costs.
Rachel Jane
Rent or sell
20 January 2025 | 7 replies
Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44).
Nicholas Dillon
HELOC on Primary Residence
12 January 2025 | 2 replies
Great community to bounce ideas off of as I build my knowledge base.
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
19 January 2025 | 11 replies
I’m a full-time sales professional at a global GSI, so I’m seeking relatively efficient strategies.Has anyone successfully used cash-out refinances, 1031 exchanges, or other equity-based approaches to boost income?
Gregory Schwartz
What is a good occupancy rate for MTR
9 January 2025 | 8 replies
I'm constantly juggling the rates for my Airbnb listings based on what my competitors are charging.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Kyle Kulhanek
Retitling a property to an LLC - Chicago
16 January 2025 | 5 replies
Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.
Edward Wylie
Election Impact on REI
16 January 2025 | 1 reply
Based on that, do you anticipate increasing or decreasing your investments?