
17 November 2024 | 5 replies
There will be a resolution, one way or another, say within 6 to 24 monthsPlease feel free to comment on anything above that does not make sense.Now my main question is: how are such notes valued?

13 November 2024 | 2 replies
Of course, if somebody wants to do an MTR in the high season and at a very attractive rate, you might as well take it.

16 November 2024 | 8 replies
Curious - what platform are you mainly using to rent it out?

15 November 2024 | 5 replies
This price drop attracted attention, with three offers at asking price and six showings in just three days.

13 November 2024 | 9 replies
Ensure it cash flows comfortably.Market & Location: Research local rental demand, property values, and any applicable LTR regulations to understand the area’s potential for long-term success.Future Potential: Consider if the property could appreciate or attract quality tenants over time, supporting stable cash flow and asset growth.This checklist should set you up for a solid LTR investment!

14 November 2024 | 6 replies
What kind of tenants will your property attract?

18 November 2024 | 16 replies
Hi @Philip Jones,For the refinance aspect, the main factors will be the FICO Score, cash flow of the property, and as-is value.A Higher FICO will let you get a larger loan size and lower interest rate.Good Cash Flow will ensure that your property will be profitable for you and enable you to get the max loan size that your FICO allows for.The As-is Value will play an important role in making sure that you meet the minimum requirement for a DSCR loan of 100k, but also in making sure that the rehab work that has been done provided significant value add.

13 November 2024 | 22 replies
If you have pre-tax and post tax Roth funds in the existing 401k, you will initiate a rollover into a newly formed Solo 401(k), with some funds dropping into the pre-tax bucket and Roth funds dropping into Roth bucket. 3) 3 benefits that I find many real estate investors are attracted to with the Solo 401(k): 1) Higher Contribution Limits (providing you have enough earned income) 2) Ability to contribute to Roth, without MAGI limits where you have to do a backdoor contribution, like you do a Roth IRA. 3) Exemption from UBIT/UDFI on debt financed real estate deals, this could be directly, or through a syndication type deal. 4) Now, we can proceed with, what about the caveats and qualifications to open and maintain a Solo 401(k): 1) You need to have earned income from the business/sole prop. that is sponsoring the Solo 401(k).

14 November 2024 | 3 replies
Only thing is, I'm finding the main companies start at about $300 a month.

14 November 2024 | 9 replies
If I house hack and live on the property, I sacrifice living in my own home which has been my main goal over the last couple years.