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10 December 2024 | 6 replies
Larger properties spread your risk.Be Ready for Some Sweat Equity: Many first-time house hackers underestimate this part, but putting in a little elbow grease can drastically improve your returns.
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8 December 2024 | 19 replies
I have done a lot of those with small builders.. that way we get our rate of return on our note and at exit we made a nice spiff some times double to triple how much we lent..
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11 December 2024 | 12 replies
As Chris describes it PMC is a dating site for people needing money to do a deal and for people wanting to lend money to make a 10-12% return.
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7 December 2024 | 6 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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10 December 2024 | 11 replies
You have to look at rents per sales price in both areas and see what kind of return you can get versus what you are getting now outside of real estate.
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10 December 2024 | 7 replies
If so, I would reposition that equity into seller finance cash flowing properties or even look at small multi family where you could get a better return.
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9 December 2024 | 15 replies
Higher LTV ratios come with higher interest rates, so you’ll want to think about how this could affect your overall return.
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12 December 2024 | 10 replies
Therefore a partnership return will need to be filed and each partner will get a K-1 reporting their share of income.Each investor will then report that income on their return.Taxes will be calculated based on each partner's tax rate.Best of luck.
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9 December 2024 | 16 replies
If you want to do a little projecting and can see the rents returning back to normal (precovid with normal growth) then now might be a good time to grab one.
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9 December 2024 | 11 replies
In addition, real estate is already tax advantaged, so you’re losing the tax advantages of owning real estate.Personally, I think real estate notes are better suited for self directed IRAs personally because you can get decent returns and notes not held in IRA is not tax advantaged.