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4 February 2025 | 7 replies
I have no idea who I should reach out to for help, and I just do not understand how this person no longer responds to emails or returns phone calls.I hope someone can provide some guidance.
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20 January 2025 | 6 replies
- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.
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2 February 2025 | 17 replies
I also keep a fair amount if cash (10%).
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5 February 2025 | 1 reply
Purchase price: $125,000 Cash invested: $65,000 Sale price: $250,000 Wish I could have held onto it but needed the money to fund future deals What made you interested in investing in this type of deal?
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22 January 2025 | 4 replies
At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.
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29 January 2025 | 31 replies
@Sang Kim- I am sorry to hear this....DId any of the paperwork provided outline if the 6K fee was rendable ?
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8 February 2025 | 5 replies
While it will not reduce the actual cost it will help with the monthly cash flow.I am curious if this was a single-family house converted into a double.
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24 February 2025 | 72 replies
For pros/cons of booking.com I would say the following...Pros:-if you use guesty you can sync your airbnb info into your booking.com listing info to ease the set up process-there are more options to check off in the amenities portion of the listing set up, so you can really display the uniqueness of your property-I would wager 90% of self-managing str hosts only list on up to VRBO/Airbnb, which means there are not nearly as many options for people to choose between, which means more exposure for your listing-rumor has it that booking.com just invested a large sum of money into building out their services to provide more vacation home listings rather than hotels.
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11 February 2025 | 1 reply
My main aim of interest in real estate is to increase cash flow and overall build wealth that can replace my day job and give me more flexibility with my time.
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23 February 2025 | 7 replies
If market appreciates you can get a HELOC on it or cash out refi in a few years to scale faster.