Shayan Sameer
Questions About Purchasing a Duplex as a rental
17 January 2025 | 11 replies
Not sure if hard money would be the correct route to go for this one or notHey @Scott Allen I generally run the initial underwriting to minimize the developer's equity (@Shayan Sameer) based on the max LTV % or LTARV % that the handful of HMLs that quote me on my deals.
Pixel Rogue
Buy, Rehab, Rent, Refinance, Repeat - got them all with questions on refinance/repeat
4 January 2025 | 7 replies
It is my understanding that people refinance and then use those funds other ways (personal living, investing, some to buy another property) as a means to minimize tax obligation.
Joseph Gary
Searching for a Multi-Family Property To Add To Portfolio
29 December 2024 | 8 replies
With that said I am looking to do minimal work to renovate the home such as painting and adding new appliances.
Carlos Rodrigues
Purchasing a property with illegal bathroom
31 December 2024 | 8 replies
At least that is my experience in my market, where almost everything is 60+ years old and has un-permitted illegal work.If you just want to close on time with minimal hassle?
Dan Thomas
Airbnb claim process
4 January 2025 | 19 replies
Quote from @Andrew Steffens: Sorry about your frustrating issue - Airbnb is not only guest friendly but most of the time they will be the one paying for damage so they are going to try to minimize you.
Brody Trott
New Real Estate Investor
4 January 2025 | 9 replies
The down payment wouldn't be minimal if your finances were tight.
O Samuel Adekolujo
First Deal program
4 January 2025 | 16 replies
Not necessarily turnkey but should need minimal repairs if at all
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
If it was easy to take $1k and turn it into $10k easily with minimal work and sacrifice like the guru's say, then we would be the richest country in the world.
Michele Hart
Inherited a house with my 2 brothers
6 January 2025 | 9 replies
Its free and clear so the expenses will be minimal to hold it for a few years.