
28 September 2024 | 2 replies
What types of products are you seeking?

25 September 2024 | 18 replies
@Shyam Subramanyan Yes, you can perform a cost segregation study on your STR properties for the 2023 tax year, even for properties acquired in 2018, 2021, and 2022.

30 September 2024 | 30 replies
My goal is to acquire multiple properties in a given market over the next few years and remain active in that market as long as the market still makes sense...

25 September 2024 | 22 replies
I leveraged a HELOC on my first property in the amount of $200K and utilized that as a warchest to start acquiring cash flowing multifamily.

27 September 2024 | 8 replies
There are still down payment assistance options or portfolio products for lesser of a downpayment but your terms on those are worse.

1 October 2024 | 26 replies
Complaining, or (overly) worrying, about these things is counter-productive.

25 September 2024 | 4 replies
Got some IO and also 30 year amortization for some of the BTR product we have acquired.

27 September 2024 | 9 replies
For context, (1) the property was in poor condition when I acquired it, and (2) I’m a passive real estate investor.Here are my expenses:- Travel (~$2,000) and meals during travel ($500)—I understand only 50% of meal costs are deductible.- Gardening maintenance (just to prevent the grass from getting too high, not an improvement).- In-year tax consultation ($300).- Commission to my buyer’s agent ($300).- Insurance premium ($1,000).- Insurance deductible following a claim ($1,000).I believe the property won’t begin to depreciate until it’s in service, which seems to align with how TurboTax is set up.

3 October 2024 | 29 replies
Live in one unit and rent out the other to cover your mortgage, freeing up more cash.Partnering – Find a partner to help with funding or experience so you can acquire more properties faster.Creative Financing – Look into options like seller financing or lease options to reduce upfront costs and grow your portfolio quicker.Build Reserves – Make sure you have enough savings set aside for repairs or vacancies, especially with multiple properties.Once you’re out of debt, that extra $30-$40k per year will really help you expand.

28 September 2024 | 14 replies
Thank you I would always refer people to trusted sources like @Brian Burke , who have a good reputation and while they have their own products to sell can help evaluate the claims made by another fund.