William C.
Help Me Analyze My Situation (Hold/Rent or Sell)
17 March 2021 | 3 replies
There has been good appreciation, our market is (currently) strong, and I would be able to avoid paying taxes due to the 2 out of the last 5 rule. Renting
Norman Berman
Do I need an attorney to set up an OOS LLC?
6 November 2020 | 11 replies
This is not legal advice, just friendly information.As a general rule, real estate holding LLCs should be created in the same state as the property.
Account Closed
Rehabbing and selling or rehabbing and renting it out.
23 June 2016 | 6 replies
If I can draw them does it have to be on some special software or simple hand and ruler drawing with measurements?
Walter Sauls
can a church flip properties without losing it's 501 c3 status
25 June 2016 | 5 replies
Matthew 25:18 Context15And unto one he gave five talents, to another two, and to another one; to every man according to his several ability; and straightway took his journey. 16Then he that had received the five talents went and traded with the same, and made themother five talents. 17And likewise he that had received two, he also gained other two. 18But he that had received one went and digged in the earth, and hid his lord's money. 19After a long time the lord of those servants cometh, and reckoneth with them.20And so he that had received five talents came and brought other five talents, saying, Lord, thou deliveredst unto me five talents: behold, I have gained beside them five talents more.21His lord said unto him, Well done, thou good and faithful servant: thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord
Tariq B.
Hurlburt Field AFB area...How is it?
14 November 2016 | 2 replies
You can still find some that are close to the 1% rule rent range but it is increasingly difficult.
Ariel G.
ROI calculation with HML and Refi strategy
13 December 2016 | 0 replies
I'd love to read from foreigners or othersthat succeeded doing it without a mortgage in the past, from HML,refinancers, and of you people with experience.Plan: For a $100.000 property, 80% LTV loan by a HML at a 10%"interest only" anual rate, then refinanced by a new loan at a 6%anual rate as soon as tenant stabilized.Asuming a 1% rule rent of property value, that would be 1000 a month,so 12000 a year Gross income right?.
Tim McGarvey
Why is it so hard to find a good contractor??
2 January 2017 | 14 replies
So the above rule really needs to be applied to each persons own standards.
Benigno Cunanan
Does the 1% rule really work when a property is financed?
9 December 2018 | 11 replies
Does an exact 1% rule property really work when your are financing the property? I can’t seem to make it cash flow when I add in cap ex, repairs, prop management and vacancies. Am I doing it wrong? All seem to just br...
Ben Leybovich
What a Real Deal Looks Like - Don't Be Fooled!
17 December 2018 | 11 replies
Just like the “1%” rule, real estate opportunities are too hard to compare across the varied markets in the USA and any hard and fast rules like that are hogwash.
Samantha Miller
Lesson learned. . . seeking encouragement
13 March 2019 | 196 replies
that's a pretty stupid rule. renting