Maria Murphy
Buying NPLs - recos & resources?
23 September 2024 | 13 replies
@Maria Murphy yes correct, simply paying the debt in the owner's name to hacienda (tax office)/government first as part of the purchase at the notary and everything left to the seller.Valencia has worked quite well for us the last years and compared to Barcelona/Madrid the m2 prices are a lot lower.
Matthew Samson
Should I engage a CPA now or wait until we've built up a basic portfolio?
25 September 2024 | 17 replies
Now this might be an unpopular answer compared to my colleagues but it might not be necessary just yet especially if you're savvy and know a bit about taxes.
Mateusz Skiba
Property management company in Dekalb IL
23 September 2024 | 1 reply
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Cathy Li
Airbnb Property Mgt Companies in San Antonio - Texas
23 September 2024 | 4 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Jack Pyle
The Fed lowered Rates by 1/2%!! Why aren't mortgage rates coming down.
23 September 2024 | 1 reply
For instance, in a time of economic uncertainty, the fed may lower rates but the perceived riskiness of a 30Y fixed rate mortgage may be higher, causing that rate to stay the same or even go up a bit compared to Treasuries.
Ethan McRae
Taking on an ADU in MA now or later?
23 September 2024 | 5 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
Rachael Palmer
STR in Unincorporated Bay Pines (5 min drive to Madeira Beach) or Indian Rocks Beach
24 September 2024 | 8 replies
Don't trust one, compare all 3 in my opinion.
Sara Aviv Berger
Split and keep the investment property as STR
23 September 2024 | 10 replies
Highlighting the STR revenue potential, especially in a prime location, could attract investors looking for both income and future appreciation.Steps to take:Prepare a detailed financial breakdown of the property's current performance and future projections.Include comparables in the area to show both STR potential and anticipated appreciation.Offer flexibility in the buyout terms (e.g., structuring it as an installment plan if needed).If you can’t find an individual investor, you might look for a property management company or real estate investor group that specializes in STRs.
Joyce Kim
Personal financial hardship - HELOC vs Home Equity Loan?
25 September 2024 | 12 replies
Make sure you have enough equity to pull out compared to how much left is owed on your property.
Greg P.
Want a tenant gone and need advice. 20/24 months left on a house hack.
24 September 2024 | 14 replies
Get bids on the removal and cleanup, and compare that to a buyout amount.