
2 October 2024 | 48 replies
Thank youList on both, it's a probability equation- simple as that.Outside of that % depends on area and many other factors regarding air v.

30 September 2024 | 8 replies
Having been in the lending space for a while now, Interest income is not passive - its considered/taxed as ordinary income- just like interest you receive from your bank and savings account.Regarding profit and expenses from a flip, "that depends" on many factors but again if its short term capital gains, its not tax friendly.As always consult with your tax advisor / CPA.

28 September 2024 | 8 replies
There are seasoning periods which means you have to wait if you want more cash out if the property because of property improvements, time passed or a combination of the two factors.

27 September 2024 | 14 replies
The numbers especially don't work when I go the equity route and factor that into the cashflow.

28 September 2024 | 5 replies
There are more factors to consider here but from a surface level, it seems your $ will go further in another market or perhaps locally with a different property type (i.e. small multifamily).Lastly, I like @Andrew Jennings Freerks' point regarding claiming hardship or another workaround for keeping your unit as a rental.

30 September 2024 | 10 replies
Stronger markets I might use a 3% rent/year escalator factor...

27 September 2024 | 11 replies
Are they doing everything possible to expose properties to the broadest possible market?

3 October 2024 | 29 replies
Interest rate are a factor and your debt of 55K and any other debt such as Cars, student loans....

24 September 2024 | 4 replies
. $1,520.00•Demo about 12” of walls and rip out entire shower pan and step •Install cement board on exposed wall •Apply RedGuard and Waterproof membrane to shower pan and up the exposed walls •Install new drain adapter in shower floor •Install new tiles provided by client Optional (just in case fixing shower pan does not fix the water leak) rebuild shower. costs extra $5100•Demo shower • New plumbing for a new fixture •Install cement board on exposed wall •Apply RedGuard and Waterproof membrane to shower pan and up the exposed walls •Install new drain adapter in shower floor •Install new tiles provided by client •Client provides plumbing fixture

28 September 2024 | 12 replies
The key factor is physical presence, which, as you mentioned, requires being in the U.S. for at least 183 days during the calendar year.However, it’s essential to note that the substantial presence rule can apply to foreign property owners who spend extended time in the U.S.