Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
When ADU is complete, rent it or move in and remodel main house.After a few years, I think it is highly likely (again wouldn’t count on it, but would leave the possibility open) that CO allows and encourages those who build ADUs to subdivide their properties so that more people can own their homes.sell the ADU and main house separately, benefit from enormous upside.
Julia Dunigan
True Property Seekers
23 January 2025 | 2 replies
I Julia, I work the south side mainly.
Dean Kenny
Best Option to Start Investing
22 January 2025 | 4 replies
There is the inconvenience factor but it might be cheaper for you and your friends as well.
Kristi Kandel
Resources to Help LA Communities & Families Rebuild After Wildfires
13 January 2025 | 4 replies
Another factor is that insurance coverage is only for the actual building cost to rebuild the structure.
Peter H Derry
Buyer's Guide: Purchasing Property for Your College Student
23 January 2025 | 0 replies
Cash Payment: Decide whether you'll finance the purchase or pay in full.Future Resale Value: Factor in potential appreciation of the property.2.
Tarun Kumar
Guide me from Scratch
28 January 2025 | 5 replies
@Tarun Kumar there are 3 main types of real estate investing:1) Wholesaling2) Fix & Flip3) LandlordingWhich one are you interested in?
Joseph Pisano
SFR DSCR Lenders Texas
28 January 2025 | 13 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
MIchael McCUe
running a blog on my website
19 January 2025 | 4 replies
If you’re passionate about windows and doors, you should naturally have plenty to share based on your expertise and the questions your customers ask.The main purpose of your blog should be to educate and provide value to potential customers.
Carlos C.
Mark J. Kohler consultation
29 January 2025 | 20 replies
I will provide more information later.The two main setups are:1- Holding company in Wyoming if I want Charging Order Protections advantages, then a Series LLC in Kansas holding my Kansas RE and another Series LLC in Missouri holding my RE in Missouri.2- Holding company in Wyoming if I want Charging Order Protections advantages, then form as many LLCs as I want inside of it, one per rental or one LLC per 2 o 3 rentals.Fees are pretty reasonable and the same as they disclosed before the appointment, on their website or youtube videos.