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5 October 2024 | 0 replies
Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!
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5 October 2024 | 8 replies
My local banks will only do a heloc on a primary residence.
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1 October 2024 | 4 replies
Otherwise I am in the dark.
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6 October 2024 | 12 replies
Short term rental homes/units drive up the price of homes faster than primary residences and long term rentals.Shifting from long to short in some locations is perfectly reasonable, however I highly recommend you check out your local city's ordnances discussing the requirements for short term rentals.
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4 October 2024 | 1 reply
Investment Info:Single-family residence buy & hold investment.
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4 October 2024 | 7 replies
I am embarking on my real estate investment journey and currently reside in California, but I’m planning to relocate.
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7 October 2024 | 8 replies
We might move back to the East Coast in 4-5 years, so I'm looking for investments that can work well as a primary residence now and a rental property later.Income: Both my girlfriend and I have solid tech salaries (150k+ each).Current Portfolio: I don’t currently own any rental properties.Goal & Long Term Plan: I don’t love my current job so like many of you, I would like to create enough passive income through rental properties to have financial freedom and be able to work business ideas or side projects.
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7 October 2024 | 9 replies
I currently have a conventional mortgage on my primary residence.
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14 October 2024 | 420 replies
Yes there is a dark side but there is a ton of positive.
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4 October 2024 | 17 replies
You should have masks with you at all times for environmental pollutants when looking at hoarder houses - animal feces, dead animals, asbestos, gas, etc.As for protocol, hoarder houses are not an easy buy because if the resident is still there it's not a money issue, it's an emotional issue.