
16 May 2024 | 14 replies
Lenders typically prefer to offer loans when the property is cash-flowing; if the DSCR is under 1, it might still be possible to get a loan, but expect less favorable terms.Understanding these elements will help you better prepare for securing a DSCR loan, allowing you to leverage your rental properties effectively for further real estate investments.

16 May 2024 | 7 replies
NOTHING can target motivated sellers because NO ONE knows when someone, anyone, you, becomes motivated.So combine these 2 steps.Yes lists CAN target foreclosures, absentee owners, probates, tax liens, absolutely.
16 May 2024 | 8 replies
And apart from that side, assuming the project goes well, does the cost and profit share elements look fair?

15 May 2024 | 10 replies
So far, we've pieced along different elements of this (different tax person each year, no LLC to one to now 2 this year, haven't yet used a bookkeeper...)trying to streamline systems and have a solid foundation for our fairly new and growing real estate portfolio.

15 May 2024 | 8 replies
So, your combined Medicare and NIIT tax rate would be 5.3%.To calculate the total tax savings on rental income, you would add up the savings from federal and state income tax, and Medicare/NIIT tax:Total Tax Savings = Federal Tax Savings + State Tax Savings + Medicare/NIIT Tax SavingGiven your tax rates, you can calculate the total savings.

15 May 2024 | 11 replies
I had hired a contractor in the Fall of 2021 to do some proactive repair work, but his "fix" apparently left the roof vulnerable to the elements.

15 May 2024 | 6 replies
I'm often presented with opportunities to acquire investment condos in Orlando, Miami, and other popular Florida cities.I always decline.Read the article below to understand better why "condo" and "Florida" are now a particularly bad combination!

15 May 2024 | 3 replies
Married, both W2 earners at 225k combined.

16 May 2024 | 24 replies
We may be able to piggy back, combine forces, or schedule something new to accomodate schedules.

14 May 2024 | 10 replies
What you want to do is combine pieces of both of your options together.