Jeremy Dugan
Apsiring RE Investor // Western, MA & Northern, CT
7 January 2025 | 5 replies
You’ve got the leadership, the know-how, and the heart to really make an impact.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Using a large RV or boat for business purposes offers potential tax benefits, but it's essential to navigate IRS regulations carefully.
Aaron Raffaelli
DSCR Loan for a first time REI
8 January 2025 | 17 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
16 January 2025 | 5 replies
A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!
Brett Coultas
New member introduction and host financial question
15 January 2025 | 6 replies
So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Garry Lawrence
Mass Shooting Near Property I'm About to Buy – Should I Back Out?
12 January 2025 | 7 replies
However, it’s essential to do some homework beforehand.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.
Celine Besson
Managing a renovation from afar
14 January 2025 | 6 replies
It is essential to have a great team.
Sam Hendricksen
Buying near new casino
5 January 2025 | 5 replies
If it were me, I'd be looking for something in that location to offset the negative impact of the casino.