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4 January 2025 | 7 replies
Most people are refinancing a BRRR because they are in short term debt (like 12 month hard money used for purchase +rehab financing) or own the property free and clear (they bought all cash) and would get a higher return on equity by leveraging the property and reinvesting the cash out proceeds of the loan to scale the portfolio.
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2 January 2025 | 3 replies
I personally owned a rental there for 7 years, but I just recently sold it.
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30 December 2024 | 18 replies
I own 12-doors in Detroit and 3 of those are rented to section 8 tenants.The best areas for S8 tend to be C Class neighborhoods.
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5 January 2025 | 7 replies
You filed two full year tax cycles and the numbers are similar (no greater variant than 1%) they maybe yes.Generally depreciation is added back as income BUT only the 40% portion you own not all of it.
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30 December 2024 | 3 replies
Quote from @Meliisa Lee: I’m navigating a divorce and need advice on handling rental properties we co-own.
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30 December 2024 | 6 replies
They have the choice of finding their own insurance or they can be automatically enrolled in my master policy.
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3 January 2025 | 12 replies
We’ve been looking at cities like Fullerton, Cypress, Anaheim, Orange, and Tustin, but we’re staying away from LA County and Santa Ana due to rental restrictions.A little about us:I’m 30, my wife is 28, and neither of us has owned property before.
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1 January 2025 | 0 replies
Does anyone have any contacts to their acquisitions team and or their current buy boxes Companies below Cerberus Capital Management, L.PAngelo Gordon & Co.GoldenTree Asset ManagementFarallon Capital ManagementOaktree Capital ManagementI own one of the largest wholesale real estate company in Florida and we are newly into Texas for single family homes.
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9 January 2025 | 16 replies
As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.
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7 January 2025 | 13 replies
But for some, including myself when we bought in 2015, breaking even or even losing a little each month was okay in order to own a property in Hawaii that we could also use ourselves.- Does the condo have an existing STVR permit or will you need to apply for it?