Ofir R.
Inspecting a property from afar
11 October 2024 | 13 replies
My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!
Account Closed
Here's How to Calculate Rental Income For Child Support
10 October 2024 | 0 replies
You won’t be surprised that many states consider that pretty penny a critical component when calculating these payments.As with any financial analysis, it’s essential to understand how to break down the numbers, especially regarding child support.
Irina Badal
Deal analysis and CoC
8 October 2024 | 3 replies
That’s why this tool breaks down various components like cash flow, principal paydown, home and renovation appreciation, initial equity, and depreciation for potential tax savings.
Sonny Sacks
Using FHA, USDA, or 203k
9 October 2024 | 10 replies
It takes a pretty decent income to be able to afford an LA mortgage.And the other component if your down payment.
Ben Burgess
Getting on the path!
8 October 2024 | 13 replies
Additionally, I’ve deepened my understanding of real estate terminology and gained valuable insights into the critical aspects of properties, from structural components to factors to look out for.
Julio Gonzalez
Cost Segregation on Condo
6 October 2024 | 0 replies
Assets identified in this study include:Permanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Edward Wylie
Question for Fix and Flippers and Hoarder Homes
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.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
The costs to build are too high, and until fuel prices drop and the environmental regulations are toned down, that won't change, meaning existing housing will continue to go up.
Uri Frodis
Wheelbarrow Profits Academy with Jake and Gino
11 October 2024 | 40 replies
Think about what you need personally the most to be successful and compare it to the components of each offering.
Andrew Gavre
Future of insurance on coastal properties?
2 October 2024 | 3 replies
Personally, I am avoiding those markets for now just for a sustainability and environmental outlook, but I would overestimate for insurance premiums, almost 2x what you think just so you have a buffer.