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Results (10,000+)
Charlie Martin Purchase under an LLC or not?
25 November 2024 | 7 replies
Just keep in mind, the costs of setting up and maintaining an LLC and the bank account that goes with it, not exorbitant but important to consider.I'm not a CPA or an attorney, but I would suggest taking the time to diligently put together a trusted team to facilitate your long and successful investment journey!
Julio Gonzalez Smart Strategies for Selling Your Investment Property
25 November 2024 | 0 replies
Donate the Property: Donating the property to a qualified charitable organization can provide you with a charitable deduction equal to the property’s fair market value and eliminate capital gains taxes.Implementing these strategies requires careful planning and consideration of your specific financial situation.
Christopher Robert Noland How to turn an owner finance deal into a 30 year rental loan without 20 percent down?
23 November 2024 | 6 replies
This eliminates the requirement for a new down payment since you are refinancing the existing debt.Lenders typically require:A copy of the owner-financing agreement.Proof of on-time payments (6–12 months).What to Do:Find lenders that offer rate-and-term refinancing for owner-financed properties (portfolio lenders and DSCR lenders often do this).Maintain a clean payment history.” 
Robert Quiroz Buying with cash vs financing
2 December 2024 | 33 replies
That’s always going to win in the end as to coming out ahead as long as you make smart financial investments (such as maintaining control of your own investments, and making smart choices on properties that cash flow, etc).  
Paul Bogard House hacking in Philadelphia
26 November 2024 | 6 replies
There are definitely some pockets of fairly priced duplexes to at least cover some of the mortgage, but tough to actually come out in the green monthly if you’re living in the other unit.
Alex Zweydoff Understanding the New Squatters Bill in Florida: What Property Owners Should Know
26 November 2024 | 6 replies
This ensures fair application of the law.
Golan Corshidi First Cleveland Investment: Triplex showing 45% COC return. Am I missing anything?
22 November 2024 | 4 replies
That's hitting the 2% "rule", and if you can maintain regular rent on that you've really hit a home run in today's market.
Joe Mills Pitbull Service Animal
23 November 2024 | 15 replies
Quote from @Joe Mills: You are exempt if you meet one of the following requirements:Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at onceIf those don't apply, then you must abide by Fair Housing and you must make reasonable accommodations for people with assistance animals.
Caleigh McDonough House Hacking My First Property that Doesn't Cash Flow
27 November 2024 | 16 replies
In today's world you need to be about 28-35% down on properties to be gross cash flow positive, closer to 40-42% to be truly net cash flow positive(i.e 50% of your income goes to maintaining the property, other 50% is actually profit).My recommendation is to buy ideally a 4/3 SFR that's a starter-friendly one in a good area, and rent it out by the room.
Rob Bergeron Community members thrilled for Norton West Louisville Hospital's opening
22 November 2024 | 7 replies
I believe my price is fair with the comps in the area.