
15 October 2024 | 34 replies
We all know you won't do that because everything you say is hot air and not in line with what is publicly available as proof.Good luck.

16 October 2024 | 16 replies
Texas licensees are not allowed to pay non-licensed individuals for referrals.

17 October 2024 | 16 replies
I suspect you'll have better luck with lenders or brokers that are 'non-bank', but if you do insist on working with a bank, I would avoid big banks.

15 October 2024 | 14 replies
On our syndicated properties we have 2 bank/lenders that issue non recourse loans to us as long as we have 50% equity in the deal.

17 October 2024 | 6 replies
Hi All,I'm an investment professional at an alternative investment firm (non-RE related) who recently moved to Austin, TX, and I’m excited to make my first real estate investment.
10 October 2024 | 0 replies
Off-market properties are not publicly listed for sale on the Multiple Listing Service (MLS).

18 October 2024 | 11 replies
Under this rule, if your average stay is seven days or less and you materially participate in managing the property, you can treat it as non-passive income and potentially use tax losses (like depreciation) to offset other income.

11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

15 October 2024 | 8 replies
They never took foodstamps or government aid.

14 October 2024 | 22 replies
@Taylor KendrickYour budget depends on your DTI, available funds, and what investment strategy & financing you intend to use.If you're looking to buy & hold properties as a non-owner occupant (investor loan), you will need to put down 20-25% if you are getting a loan.