Chris Seveney
Do Not Be This Guy... When $0 down hurts
1 October 2024 | 23 replies
It's like posting dynamic collateral that doesn't actually reduce the loan balance, not exactly a great deal.When the fed raises rates, they are directly targeting actors like this.
Rafael Ramos
Where to invest?
3 October 2024 | 14 replies
However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates into 2025).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
Jack Mi
What do you all think about this deal?
30 September 2024 | 5 replies
I have been offered to invest as LP in multifamily apartment deal.Underwriting is supposedly conservative and based on current cap rate (4.5%) and interest rate (7%) so if interest rates go down (which may as Fed has already started cutting rates), returns can be better than the projected ones as can have more buyers for Class A property in few years with lower mortgage rates.
Cody Culberson
My Flip Won't Sell! Help!
30 September 2024 | 24 replies
We dropped the price after the fed cut rates last week and got two showings pretty quickly.
Max Kim
Buying Georgia Tax Deeds
30 September 2024 | 16 replies
The tax sale "launders" off all liens except local government liens--sewer, grass cutting, demolition.
Kyle Pascual
Investor Groups - Real Estate Professionals
30 September 2024 | 11 replies
@Kyle PascualFirst of all I would get out of stock and sit in cash for the short term the Fed as you know just drop rates by 1/2 of a percent last week over the last 30 years anytime that has happened the economy has been in a recession within 6 months and the stock market has had a massive correction.
Sean Kirk
Rent ready (Turnkey) or value add?
1 October 2024 | 14 replies
However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates into 2025).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
Daniel Loane
Filing taxes: when to expense vs capitalize for vacant rental property
27 September 2024 | 9 replies
.- 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.
Jack Pyle
The Fed lowered Rates by 1/2%!!
23 September 2024 | 1 reply
The day the Fed announced 3.68% and today 3.78%.
Becca F.
San Francisco Bay Area/NorCal Investors - let's help out our CA friends
27 September 2024 | 16 replies
and the towns on highway 20 all the way to Neveda city Grass valley all within 2 hours of sf.North maybe check out cabins in Russian river for STR purposes etc.