Robert Ok
Best Real Estate Coaching Programs
14 January 2025 | 11 replies
You'll be hard pressed to find a coach that teaches Lacrosse, rugby, cricket, and shot put.Also, a coach is typically used to accelerate growth, not get you started.
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 replies
So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Danielle B.
Out-of-State - Ohio Section 8 Housing
29 January 2025 | 22 replies
Here's some basic copy & paste info that may help you make better investing decisions:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
19 January 2025 | 11 replies
What is the interest rate on borrowing compared to the rate you are earning, then take into consideration the tax consequences.
Jerry Zigounakis
First STR Advice
28 January 2025 | 10 replies
Offer a great first-stay experience with thoughtful touches like welcome gifts and clear communication to earn those initial positive reviews.For Big Bear’s rules, stay on top of local ordinances—maybe even connect with other hosts for advice.
Dustin Sanders
Any 10-15% DSCR Loans?
6 February 2025 | 27 replies
Yes - and even when its out there its typically impossible to qualify (need high rate and high DSCR and typically would have to qualify as a LTR - so almost a unicorn or in a really bad market)
Jack Sarcia
I sell bank foreclosures...ask me anything!
7 February 2025 | 7 replies
In 2020, it came to a near complete stop.Banks go through the foreclosure process typically taking 4-8 months.
Mariah Volk
A few questions!
6 February 2025 | 5 replies
Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.
Bud Meacham
Best methods to find potential FLIPS?
6 February 2025 | 3 replies
Are you finding motivated sellers via the typical route of using the prominant software platforms like propwire and propstream?
Tre DeBraga
good markets to invest in MA for house hacking
4 February 2025 | 2 replies
Southbridge and Webster are cheaper as well.There will be obvious trade-offs in terms of location / amenities and price but i have seen good traction in all of the aforementioned locations.I'm looking for househacks for clients around central Mass and while they're not impossible to find by any means units in Worcester are typically trading at $225-250.