Alex Hileman
DSCR Lenders for Under $100k Purchase
6 January 2025 | 5 replies
Quote from @Brandon Croucier: The loans are available but nobody wants to do them.There always seems to be something wrong with the properties, as lenders we just can't make enough $ for our time.9/10 Borrowers also complain about the "excessive fees" for the loan amount.If you are okay with paying 8k in closing costs then the loan is available.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
But again, your profit after selling costs (and any capex improvements) would have to be in excess of $60ok to really make sense.
Colin Ford
BRRR long term buy and old for STR or long term rentals
12 January 2025 | 12 replies
Play it smart by aligning your investments with your goals, timing, and risk appetite.
Sterling Pompey
Investing as a Travel Physical Therapist
9 January 2025 | 2 replies
The issue we are running into is that lenders are not recognizing the excess amount he earns as income, therefore it looks like he will not be able to afford any loans that he would be approved for.
Tim Fode
Applications to Manage multiple Airbnb VRBO listings
6 January 2025 | 2 replies
Due to the nature of the shorter lease terms, I am spending an excessive amount of time updating my Excel spreadsheet, MLS, business website, Airbnb, VRBO, and other platforms.
Rolayne Taylor
New Beginnings 2025
19 January 2025 | 20 replies
It also includes managing your existing investment well to ensure you aren't bleeding money due to bad tenants, excess maintenance, etc.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
18 January 2025 | 20 replies
A 1031 must be for equal or greater value or the funds in excess of the value of the new purchase are taxable.
Rachel Payton
Insuring a 100 year old apartment bldg
3 January 2025 | 1 reply
You're best bet is to call a few brokers local to the area and see what they can come up with.It's definitely going to be a surplus or excess carrier that will do it and the premiums will be high.
Jerry Zigounakis
LLC or sCorp for investment properties
19 January 2025 | 3 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
Shayan Sameer
Seeking Advice on Real Estate Investing Strategies
12 January 2025 | 6 replies
Again even if you have great credit as you start to add more credit cards, mortgages, auto loans to your credit you can also be viewed as "High risk" due to Excessive trade lines in credit or higher DTI - debt to income ratios.