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20 December 2024 | 9 replies
The mortgage has gotten out of hand due to property tax increases, miscalculated escrow, and an increase in my interest rate from an initial buy down, increasing from $2600/mo to $3200/mo.
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23 December 2024 | 2 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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23 December 2024 | 10 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
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16 December 2024 | 19 replies
Basically all rentals, even ones owned under LLC, come up during loan DD as long as you file them under one tax return as personal, that was what happened to me earlier.
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25 December 2024 | 2 replies
Can you throw out names for Missouri resources they have worked with before on investor friendly realtors, tax experts, and investor friendly banks?
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19 December 2024 | 37 replies
Whether your statements are true or false, whether we have evidence to support or deny a claim, it will never be something blasted on the internet.
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13 December 2024 | 20 replies
He probably could take you to small claims court and win.
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12 January 2025 | 54 replies
Tax autos out of existence.
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19 December 2024 | 1 reply
If you are not familiar with Scott, Scott was the Executive Director of the Opportunity and Revitalization Council, which was tasked in part to support and advance Opportunity Zone tax credits during the first Trump Administration.