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31 January 2025 | 3 replies
Would love to learn more about this flipping plan you have and get you connected with anyone you may not already have on your team.
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28 February 2025 | 25 replies
If you are going to lose $1,000, then lessen learned about having precise contingencies and due diligence dates.
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31 January 2025 | 0 replies
Currently cash flowing about $625/mo with $85,000 in equity Lessons learned?
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28 January 2025 | 8 replies
Dennis' dad and I actually tripped over something similar back in Chandler.. we learned to tap into city planning websites and even call the permit offices directly to get a real sense of their backlogs.
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17 January 2025 | 9 replies
You will need 20% for a down payment and in BC there is also the property transfer tax to pay.
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22 January 2025 | 5 replies
You will want to fully understand the tax reporting burden you will face.
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30 January 2025 | 4 replies
Posts like this are part of my journey to learn, network & connect with experienced professionals like yourself who have valuable insights to share.I also want to apologize for the late response—it’s been a busy few days, but I didn’t want to miss the chance to thank you for your input.Looking forward to learning & growing in this space & who knows, maybe one day I’ll be offering you in on an investment idea or I'll be the one offering advice to new investors!
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28 January 2025 | 4 replies
We've worked with local banks and been able to finance the three we own without any issues.I don't necessarily know if it's "beginner" investor friendly but you'll learn everything you need in the bootcamp which is the gold standardWe get loans with 3-7 year balloons and 25 year amortization typically
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10 January 2025 | 2 replies
5 Tax Mitigation Strategies Every Real Estate Investor Should KnowAs a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio.
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24 January 2025 | 0 replies
.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.