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18 January 2025 | 21 replies
Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.
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5 January 2025 | 39 replies
Also, the vacancy rate was understated.
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7 January 2025 | 7 replies
They recognize the buyer can destroy the seller credit, but they are in such dire straights that the risk is justified 2) the seller knows the buyer and has so much trust in the buyer that they have every confidence that the buyer will perform on the loan.From a buyer, it provides a means to get an interest rate from NLT q1 2022 that is a fraction of today’s rate.
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3 January 2025 | 7 replies
Whether the lender decides to do anything, and exactly what they decide to do depends on the lenders particular strategy, target ROI, risk tolerance, current interest rates, interest rate of subject mortgage loan, etc.
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8 January 2025 | 15 replies
As a result the property, based on capitalization rates, can now be sold for $450,000.
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9 January 2025 | 17 replies
If she wants paid for canceled appointments, then I would suggest you look for a new cleaner.My policy is to keep all funds if the guests cancels within two weeks of their stay, unless I'm able to rent to someone else for the same period/rate.
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11 January 2025 | 49 replies
Because so much real estate in the US or Canada wouldn't be profitable without ultra low interest rate (as many investors are discovering lately), we are obsessed with getting cheap financing.
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8 January 2025 | 5 replies
Expect a higher rent rate, but also higher turnover and longer vacancies.I've rented to dozens of traveling nurses and would say about 50% of them were nuts.
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14 January 2025 | 19 replies
Hi Evan,If you do land on Indy and want any help crunching numbers and current rates.
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11 January 2025 | 13 replies
Unfortunately, I see a growing trend of a lot of service members renting their homes at break even rates or at losses.