27 July 2024 | 2 replies
For instance, selling properties may result in capital gains taxes, while a buyout could have different tax consequences.Legal Guidance: Engage a lawyer who specializes in family and real estate law.
1 August 2024 | 125 replies
Protect yourself with that criteria If you are in a stable market and are confident your house will rent soon, maybe now is the time you will consider whether you are going to accept felons and the rules around that.
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27 July 2024 | 10 replies
Join real estate groups, attend workshops, and engage with online communities to learn from others’ experiences.
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27 July 2024 | 4 replies
People are doing it, so presumably it works.FWIW, I invested in Japan for a few years, but lack of rent growth, lack of appreciation, concerns about natural disasters, and just general lack of confidence in the J market led me to shift focus only to the US.
27 July 2024 | 13 replies
Bartending is the only place where I can make $30-50 an hour at the moment.Luckily I do share this house with my sisters and their husbands, so if an FHA purchase and living in a house for a couple years is the only way, I may be able to swing that.I'm fairly handy and have done many of my own repairs to this house over the years, so I'm fairly confident in my ability to be able to handle a slight fixer upper.
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26 July 2024 | 3 replies
As for the land, with some looking around and a possible off market deal, with time I’m confident I could find an R2 lot for relatively cheap compared to the build.
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27 July 2024 | 16 replies
I am confident in that market.I am okay with the challenge of it being harder to manage a few different units at the same time - and I would be on-site at least for a year.Investigating the market is simply a time and money aspect.
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27 July 2024 | 14 replies
That is not trueAlso How confident are you it’s a good deal?
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27 July 2024 | 16 replies
All other metrics equal- I have much more confidence in a +$1,000/month cash flow projection (or even a relative metric like +10%/year) on a $750,000 house than I do with a $300,000 condo.
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25 July 2024 | 0 replies
Hello,How do you build the self-confidence to approach a property owner about buying their property?