
20 December 2024 | 4 replies
It will also require extensive networking to raise funds from other, legally, to buy at scale.Recommend your plan be more realistic with a goal of 10 years for your real estate to be generating enough cash to live off - and even that may be a bit optimistic.How to grow?

22 December 2024 | 2 replies
If the rental income doesn’t sufficiently cover the debt payments by their standards, they’ll limit the loan amount, even if the property is worth more.You could try a few alternatives:•Look for lenders who specialize in commercial real estate and have more flexible DSCR requirements.

20 December 2024 | 3 replies
In some places, from what I read in Forbes, even a finished outbuilding might be noted separately rather than rolled into the main house’s footprint.

23 December 2024 | 6 replies
Even if the property was financed with debt in the last 12 months, capital gains are tax-deferred or tax-free within the Solo 401(k).4.

21 December 2024 | 7 replies
If so, is it even possible to use an LLC in your case?

23 December 2024 | 7 replies
However, HOAs can also be a double edged sword with fees, restrictions on rentals, or even special assessments.For flips, condos might have less upside since you can’t control the overall property value like you can with a single family home.

27 December 2024 | 18 replies
Even if you had to exceed that, as single you could convert an additional $485,050 above the $63,350 (or $503,350 if married) and you’d only be taxed at the 15% LTCG tax rate (not counting any state if applicable).Each year I’d get my taxable income as low as possible to give myself as much ‘room’ as possible in the 0% tax bracket and convert the max amount possible.

21 December 2024 | 1 reply
Negotiated price down 10K even with a multiple offer.

20 December 2024 | 3 replies
It's a virtuous cycle that expands your network and opens doors to even more lucrative investments.One of my key principles as an investor is to provide attractive returns to my partners.

23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.