Alexandre Boustany
Digitizing a Small Real Estate Business
12 December 2024 | 2 replies
We are a team of five employees, and our work involves renting land for a number of years, designing and developing buildings, and managing them—including renting and maintenance.It’s an exciting yet challenging new chapter in my professional journey, and I’m eager to learn and grow alongside all of you.One of my key goals is to modernize our company’s workflow, which is currently reliant on traditional pen-and-paper methods.
Jonathan Warner
No finacing contingencies allowed?
13 December 2024 | 12 replies
Out of curiosity, what would you offer to make it more appealing if I did decide to offer with the financing contingency included?
Carl Richardson
What contract or forms do I use for wholesaling deals in Texas?
12 December 2024 | 13 replies
If you're licensed (or unlicensed) and are a principal in the transaction, you can use any form you wish but it is foolish to use a form that does not have the required notices included it. 3.
Sean Quinn
Hello from Wisconsin
13 December 2024 | 24 replies
Some areas we push owners to invest in are West Allis, Bayview, Wauwatosa, and several neighborhoods in Milwaukee, including Riverwest, Harambe, and the East Side.
Sanjay Bhagat
Real estate syndication Vs S&P 500 index fund
12 December 2024 | 10 replies
The AAR does NOT include dividends.
Michael Le Blanc
Fredericksburg, TX - Short Term Rentals (AirBNB/VRBO)
15 December 2024 | 9 replies
My prediction that these "bans" and regulations are all going to pretty much converge into reasonable middle ground regulations (mostly including taxes fees) is still looking very good.
Tyler Rabanus
DSCR Cash Out Refi Questions
15 December 2024 | 14 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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Tom Evans
Does a shared well agreement prohibit STR usage?
8 December 2024 | 4 replies
The agreement stipulates:"The owners agree, that no water shall be used for commercial purpose, but only for their private domestic use including vegetable gardens and livestock maintenance."
Melanie Baldridge
A quick mini guide on Bonus Depreciation
10 December 2024 | 1 reply
Portfolio = Income derived from financial instruments like dividends (including REITs), interest, royalties, and capital gains.Mostly income w/out loss potential, and favorable tax rates.Cap losses may offset cap gains w up to $3,000 loss.
Michael Perry
Freddie Mac Homes Questions
11 December 2024 | 4 replies
The good news is that these properties can indeed be purchased for various investment strategies, including rentals, BRRRR (Buy, Rehab, Rent, Refinance Repeat), or fix-and-flip projects.Purchasing as a Rental or for BRRRR:You can acquire a Freddie Mac home to hold as a rental property or implement the BRRRR strategy.