Noel R.
Tax savings through neg/break-even invest property?
10 April 2018 | 3 replies
Look at tax free accounts such as Roth IRAs/401ks and health savings accounts and do your investments there - much smarter move.
Andrew Dodds
VA Home Loan Question
27 May 2018 | 18 replies
@Andrew Dodds, the way I read what Amber and Chris wrote, you could treat your $181k remaining VA entitlement as if it was a HELOC (like having existing equity), which should more than cover the required deposit that you might need for your next $500k home.Of course, your Non-VA Lender will go through your Debt-To-Income Ratio with a fine tooth comb, so depending on how much Rent they allow you to allocate towards your income, you could be good to go!
Joe Homs
Hello Puerto Rico Investors
22 May 2018 | 7 replies
Many locals that left due to power issues, health etc are coming back.
Gene H.
Ground Lease Process for Vacant Land
15 April 2018 | 5 replies
There is a certain health ratio for restaurants after food and labor costs.You need to figure out what you want the ground rent to be based on all the costs involved and how long you want to hold the property.Generally the longer the primary ground lease the more value it can have for resale unless the tenant want given a sweet heart deal with little to no rental increases.What tenants often want is FLEXIBILITY in termination clauses and short primary terms with options.
Aaron Farr
My first Development Project. Any advise?
20 April 2018 | 15 replies
He said he would take it on for a fee so I was happy to this portion of the project off my plate.1400 – Preliminary Short Platting Services2250 – Boundary and Topo1965 – Preliminary Short Plat Map7,865 – Ready for preliminary short plat submittal 350 – Tite Report, Mailings, etc.4950 – Spokane County Preliminary Short Plat Fees950 – Spokane county Regional Health (may not need until final SP)6,250.00 – Fees needed to submit preliminary short plat 2250 – Geotech (needed for design, held 2250 for construction inspection)11550 – Site Design (held 1000 out for construction observation)13,800.00 – Fees to develop design and construction drawings Remainder for inspection, certification, and final platting.
David Hodge
Just Sold my Memphis Turn-Key Rental!
20 May 2019 | 24 replies
This adds up to $1,200 a year for a 6% annual return.A couple months ago I realized I had to sell the property for health reasons.
Randall Prosise
How Much Insurance to Carry For a 4-plex Unit?
14 October 2019 | 7 replies
That is very, very low if your tenants are injured and they are holding you responsible for their health costs.Minimum of $1M for liability, $2M if you can afford the cost.
Jason Chu
How do landlords deduct expenses that span multiple properties?
16 April 2018 | 4 replies
Where there is some additional questions are whether items like health insurance for myself and my wife (the premiums not the actual medical expenses) would be considered part of this overhead (in the past we HAVE NOT put this into the "cost allocated" calculations for Sch E but instead listed them in Sch A.
Aleksandr Prilepa
[SEEKING ADVICE] Performance marketer looking to get into RE
16 April 2018 | 0 replies
Made low 7 figures over the years in profits pushing various health products on Facebook Ads, Google Adwords etc. as an affiliate.
Dori Arazi
Best practices for timing a 1031 in a hot market
21 April 2018 | 19 replies
If they are looking for a 1031 too, the contingency or delay may work to their advantage too.