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25 June 2024 | 14 replies
Many Multi-Family properties acquired in 20/21, are down 25-35% due to rise in interest rates in 22-23, often wiping out much of the equity, so property unlikely to be sold in next few years, may be hard to find a buyer just now for units, but good luck.
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25 June 2024 | 1 reply
Oregon STR's are a limited asset class and likely to be more difficult to acquire during the next 2-5-10 years. - Comparative Affordability: The Oregon Coast still offers a lot of value in comparison to other coastal states, particularly neighboring California & Washington.
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25 June 2024 | 4 replies
@Leslie Cunningham it will take a lot of work and/or a decent amount of time to acquire enough rentals to allow you financial freedom to travel.But if you don't start...you'll never get there:)
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25 June 2024 | 3 replies
I acquired them not for investing, but they ended up as investments due to some life changes.
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25 June 2024 | 11 replies
However, there is a workaround: if you can structure the transaction such that you acquire 100% of the membership interests in the LLC, it can be treated as a direct purchase of the underlying real estate by you.
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25 June 2024 | 8 replies
This includes declaring rental income received and deducting applicable expenses such as maintenance, property taxes, and mortgage interest related to the rented portion.Once Cousin B acquires 50% ownership, they will begin reporting 50% of the rental income and associated expenses for the portion they now co-own.
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26 June 2024 | 9 replies
Helped me acquire doors big time!
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24 June 2024 | 4 replies
Usually mortgage investors do not prefer first time investors looking to acquire multiple units, but there are exceptions.
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24 June 2024 | 11 replies
We help roughly a dozen investors acquire STR’s out west annually, my advice to STR investors is to create a home and a space that is yours to share with others.
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24 June 2024 | 5 replies
It would be possible if you buy the acquired property as Tenants in Common