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5 February 2025 | 5 replies
You can assume about 1% in closing costs in addition to commissions so you're starting around 7% before the seller gets any cash at closing.
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24 January 2025 | 0 replies
A local real estate lawyer or translator can ensure you fully understand the terms and conditions of the purchase.Other Costs to Consider- Closing Costs: In addition to your down payment, expect to pay an additional 8-12% of the property price for:- Notary Fees: Around 1-2% of the purchase price.- 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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3 February 2025 | 4 replies
Additionally, I am also open to the Tobyhanna and Strausberg area as well.
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24 January 2025 | 37 replies
To ty Coos county and Bend together brought back memories of a trip I took in the late 90s when Bandon Dunes first opened.Friend of mine in Santa Rosa has a home at Cross Water and a hanger there at the airport and of course a nice turbine twin to put in it.We departed SR for Bandon played golf that day spent the night at Bandon dunes got up early played 18 holes at Bandon again jumped into his bird flew over to Sunriver got there by 12 teed off at cross water at about 1pm and played 18 holes there.. so may one of the few 4 somes to ever play Bandon and Cross water in Sunriver on the same day LOL..
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26 January 2025 | 3 replies
We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.
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3 February 2025 | 11 replies
Plus, we like to make it fun so there will be 2 evening events, in addition to all the daytime sessions.
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30 January 2025 | 10 replies
Otherwise, you may need to replace a water service (13-15k), electrical service (10-15k) and upgrade wiring (This is a tough one, but maybe an additional 8-15k inside).
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23 January 2025 | 9 replies
Additional Resources to check, 'FYIs', in case you want to learn more about rezoning in the future)-Look up your address on the city's zoning map here to see how properties in your immediate vicinity are zoned.
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4 February 2025 | 4 replies
Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.
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3 February 2025 | 7 replies
If you’re comfortable with a bigger investment, a duplex is good for the benefit of additional cash flow and you could house-hack.