Carolina S.
Capital gains tax vs. 1031 exchange
21 December 2024 | 7 replies
I'm basically looking for input in the following:Option 1: Buy a couple of properties and split the money from the 1031 exchange for the down payments.
Stuart Bartle
Ready to invest in first property rental
18 December 2024 | 24 replies
Trust me, out-of-state investors do this all the time here, and it works like a charm.Oh, and here’s a little bonus you might not have considered: buying in Florida means you also get access to some of the best beaches in the country.
Blake R.
Thinking of Starting in Multi Family instead of Land. Need Recommendations
18 December 2024 | 13 replies
.: I wanted to get involved in land investing and made a post about it during the summer and have continued to look at it until now.I was questioning if I should trust a land guru in my area so I asked about it and got some feedback.So then I have searched for land investing education programs and a name was at the top on google and I saw he had a lot of information out there.I did research on him and watched a lot of his videos and it all sounded good but I heard him talk about how he now owns over 1000 doors in multi family, so I started thinking about it.
Marc Shin
BRRRR financing for an Airbnb set ups
23 December 2024 | 3 replies
. #2 many private/hard money lenders will consider furnishings if the deal, including the furnishings, falls into their deal box.Believe it or not, it might be easier to include the furnishings in the deal with a significantly lower down payment if there is other rehab work to be done.
Andrew W.
Texas Series LLC - Bank Account Recommendation?
19 December 2024 | 14 replies
Guaranty Bank and Trust
Mitchell Catoe
Does anyone have experience with D.S.C.R. Loans
21 December 2024 | 10 replies
The only things that matter are credit, down payment, reserves, and DSCR ratio!
Rene Hosman
Have you tried tools that report your tenants rent to credit bureaus?
20 December 2024 | 12 replies
It's still early but we're expecting tenants to use the service for 9-18 months, and about 45% to also order the extra reporting of their previous rent payments which costs ~$20-25.
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
True, Republicans in 2025 will control the White House and both chambers of Congress.You can easily Google how the legislative process works or just trust my Cliff Note: having a simple majority usually does NOT assure that Congress passes any bill, including tax bills.
Gene Jung
Mortgage recasting ...when to do
25 December 2024 | 5 replies
I continued paying what I had paid before, with the additional money purely going to principal.The recast to a lower amount was purely to reduce my committed monthly payment to a point that I could get my property to cash flow if I had to move out (job loss, etc).
Andre Bertoncin
Buying my first home Denver. $100k saved
24 December 2024 | 9 replies
Unless you have a specific monthly target for your payment you can spread that out to make it a Win/Win.There has been a lot of growth in Denver over the last 2-3 years and new builds as well I just closed on a home for a customer in commerce city they also moved from CA and needed a fresh start.