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17 February 2025 | 13 replies
What if you told the tenant you would pay them XYZ if you could sell the property before foreclosure?
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3 February 2025 | 3 replies
So, perhaps hiring a couple day laborers to help them move or even paying the 1st months rent on a storage unit would be better.
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14 January 2025 | 8 replies
But don't let them know it.It amazes me how many of our members at MassRealEstate dot net have an Asset worth $300-500k Rent it for .5-1% of value and hardly pay attention to it, yet chase a tenth of a percent in CD rates;-)
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16 January 2025 | 23 replies
Taking the loss now is preferable to paying out monthly for the privilege of being a landlord.
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11 February 2025 | 3 replies
I've been taking RMDs each year as required, and to think that now I am allowed to empty the remainder of the account and move it into my personal IRA without paying taxes on the distribution.....well, that seems to generouse to be true from the IRS....
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8 January 2025 | 4 replies
Two things are certain, 1) taxes are lower today than they've ever been in the past 80 years. 2) they are certain to be higher in the future.We should all be focused on paying the lowest “lifetime tax bill” not the “lowest tax bill this year”.By paying 20% and settling up my long-term capital gains is not a bad deal.
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6 February 2025 | 5 replies
I recommend you start with duplexes as you should always have a paying tenant.
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16 January 2025 | 23 replies
Rents increased about 5% per year, and when you take 5% on $3,800, that's almost a $200 per month increase for the year!
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12 February 2025 | 4 replies
Ultimately, you will need to have the borrowed funds in USD and ideally in your US business entity bank account to sail through underwriting with US lenders on US properties.Caveat: the rates will likely be something like 10-12% so it would not make sense on a long-term holding, more like on a down payment on a purchase and rehab value-add project that you will eventually sell (or cash-out refinance) to pay off the borrowed funds in a few months.
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22 January 2025 | 5 replies
First question would be: what is the cost per kwh vs cost per gal of LPG?