Nicholas Nakamura
Investing in Ohio-Specifically Section 8
5 January 2025 | 33 replies
This is largely because I can typically get higher rents in B and A-class neighborhoods without relying on Section 8.I’d recommend focusing your search on C and C+ neighborhoods, for both multi-family and single-family homes with more than three bedrooms.
Melanie Alzugray
Newbie Investor looking at Kissimmee, Florida
16 January 2025 | 2 replies
While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.
Ben Hedvat
Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
I typically focus on off-market deals, so I didn’t work with an agent to find this property.
Owen Reeter
At what point in real estate do you really become financially free?
6 January 2025 | 2 replies
Now purchasing a home with cash is always good b/c obviously cash is king but also I think the part you might've missed is that, the money your utilizing on these home's won't actually be yours, but the banks or whatever institution you used to fix the home or make its value worth more.
Kar Sun
Tenant insurance underwritten with landlords name
4 January 2025 | 5 replies
However, tenant insurance is typically intended to cover personal property and liability for the tenant, not the building itself.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
And the passive loss rules may prevent you from getting a tax benefit if your rental deductions are more than your rental income for all of these options.David OrrTax ModernFirstly, utilizing Section 179 deductions for a vehicle purchase can indeed be advantageous, particularly if the vehicle is primarily used for business purposes.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
Condo's are usually on the cheaper end of cost for appraisal reports, typically not $750 (but if it's a high end condo or in an area with there's some complexity, the fee can reflect that).
Lacey A.
Rent to Myself
15 January 2025 | 3 replies
,Renting your primary home back to yourself isn’t typically allowed by the IRS for tax purposes, even if structured through an LLC.
Rick Ilich
Deed restrictions removal question
10 January 2025 | 3 replies
In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.
Jenna Schulze
Investing in College
4 January 2025 | 4 replies
Alternatively, once you have a full time job (or an employment contract), you should be able to qualify for a loan and utilize a Down Payment Assistance program.