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5 November 2024 | 4 replies
For experienced investors, do you see a scenario where an investor would assume the properties at a reduced rate which would allow us to cash out and them the opportunity to earn some easy money while holding the properties.For example: Say if we wait, we will sell the properties for $1M.
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11 November 2024 | 4 replies
Has anyone successfully appealed or reduced their property taxes in Wayne County?
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11 November 2024 | 4 replies
If you have an LLC, ownership percentages are recorded and thus difficult and/or costly to change if an active partner is earning equity through actions.To give some personal experience, Lending and banking can be difficult at best, impossible at worst with a Land Trust.
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10 November 2024 | 2 replies
Directly investing in real property investments, whether property, notes, tax liens, or leases requires a THOROUGH understanding of all LEGAL aspects concerning real estate law in general and the investment in particular.It’s IMPOSSIBLE for someone who hasn’t accumulated either a legal education in real estate law or 20 years active experience to have the knowledge and understanding of legal aspects sufficient to reduce legal risk to an acceptable level when investing directly in tax liens, notes or real property.
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9 November 2024 | 1 reply
This setup helps us reduce our mortgage each month and makes our home work as a true investment.
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12 November 2024 | 171 replies
Financing on those is not as good so reduces returns going in.
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13 November 2024 | 14 replies
So, if you give your members a great move-in experience and they stay for a while, you'll earn more than the 12% fee structure.
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12 November 2024 | 11 replies
The seller will have reduced debt capacity because the existing note is still calculated as a debt - they MAY be able to include an offset equal to the buyer payments after a period of time, BUT often the seller is surprised to find they can not qualify to purchase another property3.
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12 November 2024 | 17 replies
Hybrid Rental StrategyRent as an STR during peak seasons, then switch to mid-term rentals during slower months to increase income and reduce vacancy risks.2.
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11 November 2024 | 8 replies
Worst case if I have to leave the United States and work abroad, can I still have my house as a rental property after a 1-2 years and earn passive income from abroad even as a non-US citizen?