Rory Darcy
out of state investor wanting to invest in wisconsin or illinois
27 January 2025 | 12 replies
Quote from @Rory Darcy: Hi guys my name is rory, pretty new to this im an out of state investor residing in new york, looking to invest in wisconsin and illinois, currently looking to build my portfolio around multi family duplexes or single family residencies, would be great to connect with like minded investors or agents who can lend a hand.Rookie investors should not invest out of state.
Clarase Mika
Did You Know You Can Purchase Property in Germany With Only 5-10% Down? Here’s How
24 January 2025 | 0 replies
Residency StatusWhile stationed in Germany, you qualify as a resident, which makes securing a mortgage easier.Even if you're not a resident, many German banks will lend to non-German citizens who can demonstrate financial stability.2.
Scott Vaeth
6% Tax Rate - South Carolina Rental Properties
30 January 2025 | 6 replies
The rates vary throughout the State because of the different millage rates and tax districts, but in Richland County for instance, the taxes essentially triple once it goes from legal resident to non legal residence.
Ian Cruz
Using 1031 Exchange Funds to add an ADU to a property
30 January 2025 | 4 replies
I am pretty sure you can not do a 1031 and use the proceeds to do anything to a primary residence.
Kimberly Venable
A little about me
27 January 2025 | 11 replies
Looking to find duplex or something along those lines to reside in and then eventually move upward.
Cathy Ries
Is it worth tax planning before acquiring rentals?
29 January 2025 | 2 replies
With your primary residence, things can be pretty straight forward in terms of splitting mortgage interest, real estate taxes etc. on your returns.If you go into a rental property, there are a lot of considerations to think about.
Donald DiBuono
Mobile Home Park Development
12 January 2025 | 12 replies
There are solutions though.
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
29 January 2025 | 5 replies
I guess I could do some work-arounds -- maybe reserve one unit in the first purchase for use as an AirBnb, and reserve my own time in it when needed - instead of claiming it as a primary.Are either of you (or anyone) familiar with a finance product/loan that will allow me to purchase under $150,000 (w/ strong credit) and do much of my own work and live-in a portion as a primary residence?
Ryan Vienneau
Buildium users - how do you handle credit card tracking???
14 January 2025 | 8 replies
I wish I had another work around for you, but I actually stopped using my business CC all together just to avoid the PITA "hacks" they offered as solutions.
Amanda Long
DSCR New Mexico Property/ Guarantors??
17 January 2025 | 3 replies
So the deal ends up falling out or they take forever to find solutions.