
19 December 2024 | 13 replies
I would prefer to pay the capital gains today as based on how we spend money as a country, that capital gains rate most likely is going to be heading up in the future not down.

19 December 2024 | 2 replies
Many are looking to retire or shift out of active management, especially as interest rates rise.From what I’ve read in Bloomberg, Austin's market in 2025 remains highly competitive but still has opportunities in older neighborhoods and suburban areas.

18 December 2024 | 3 replies
Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in CO FLA WA ID MT NV AZ OR TX SC GA VA one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..

19 December 2024 | 8 replies
Occupancy rates are not 90%, it's seasonal, especially the mountains.

22 December 2024 | 8 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

16 December 2024 | 4 replies
I have a little hard time estimating a fair market value given these conditions as I don't know how much to discount the value of the house with these issues presented.
21 December 2024 | 6 replies
The demand for market rate is good.

18 December 2024 | 5 replies
Part of it is due to a personal family issue, but part of it is due to the high prices and rates.

19 December 2024 | 6 replies
The purchase price is $325,000, and as part of an end-of-year incentive, DR Horton bought the interest rate down to 3.99%.

18 December 2024 | 2 replies
I also have two buy-and-hold rental properties and am passionate about exploring unique financing opportunities.Recently, I used a VA loan assumption to purchase an investment property at a 3.3% interest rate, which was instantly cash flow positive.