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20 January 2025 | 1 reply
I know broker fees are $500 so $12,500 in commission?
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5 February 2025 | 6 replies
Not a full fledged house hack, but enough to take the sting out of the rate we got.Not all of Citrus Heights is the same, but the area near Fair Oaks/Orangevale/Carmichael has a good balance of price and quality.
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27 January 2025 | 7 replies
Maybe half upfront and reduce the rate of interest on the balance..
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19 January 2025 | 17 replies
@Shmou N.ShmouYou can collect Rent and all other fees; Utilities, parking, or any other fee needed.We don't currently have a notification of the deposit but I will add it to our develoemt roadmap and you will see it in an update.
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29 January 2025 | 6 replies
They pay rent before the due date, clean the property after every client, and if something breaks they usually repair it before I'm aware because their clients will give them bad ratings.
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22 January 2025 | 4 replies
Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?
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30 January 2025 | 11 replies
Also look at those Vrbo and Airbnb calendars and see how full they are and what nightly rates they are getting.Should be easy from here to see if a new property would pencil in or not.
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29 January 2025 | 5 replies
Ask yourself: do I really have the knowledge of real estate principles, real estate law and real estate finance; the network of contacts; the experience both in business in general and real estate in particular; the time available; and the analytical ability to compete against FULL TIME EXPERIENCED PROFESSIONALS to be successful in a field where the failure rate is so astronomically high?
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21 January 2025 | 19 replies
I guess they think these investors are accredited so a fee structure is a good model.
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24 January 2025 | 5 replies
Owner-occupied commercial properties generally get better interest rates and terms when compared to pure investment properties.