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1 February 2025 | 2 replies
Lastly funding developer who has 3 subdivisions going in WA DC market. these are big time deals and with our funds for the soft costs 500 k to 1 mil on each project my client is going to make sit down but probably over 10 million net life changing money and well we will do good too !!
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6 February 2025 | 5 replies
There's other items such as this where it may be helpful to talk to a CPA/EA for a little tax planning, especially since you'll likely get caught up in the passive activity loss limitations if taking bonus on a single rental property as I often see.It's also useful to mention that even if you do the cost seg study (I'm assuming you're doing one to be talking about this), you'll still benefit from accelerated depreciation in the form of shorter useful lives on the assets where you received bonus from.
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27 January 2025 | 12 replies
Bonus points if they’re used to working with investors or can help keep costs in check while maintaining quality.Cheers,Kevin I would say this about BRRRRR, especially as a newer investor.
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25 January 2025 | 24 replies
If for no other reason than you can.
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21 February 2025 | 15 replies
One thing to take into consideration would be the overhead costs of being a cross-border investor, such as entity setup, property management, higher lending rates and tax filing should you choose to have a CPA.
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3 February 2025 | 7 replies
These areas not only offer reasonable purchase prices for most investors but also feature turnkey homes—either newly built or fully renovated, ready for tenants, with systems that still have 10+ years of life remaining, and property management teams in place.
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24 January 2025 | 3 replies
Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.
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31 January 2025 | 6 replies
FYI, most of my CFO clients borrow from HMLs that will lend up to 100% of their rehab costs.
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4 February 2025 | 7 replies
If its four months from now, then explain to him he's going to be evicted, will have a record, and it will go to collections for all court costs and rent money owed, to the penny.
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15 January 2025 | 11 replies
I like umbrella because there is no worry of being pierced for inadequate separation of finances, if sued you have a heavy weight in your corner who has all the consequences of a defeat, and because usually it is reasonably priced (mine today is not so reasonably priced but I believe it is mostly related to the risks of CA).I do understand that the probability of needing the umbrella policy is low.