Li Li
1031 Exch $2M Rental Property with 5% Gross Yield to High-Yield Opportunities
27 November 2024 | 4 replies
The 1031 will let you get there using the tax dollars for your benefit rather than paying them to the government - a big bump to your net return.
Account Closed
11 Places to Find Foreclosure and Pre-foreclosure Listings
26 November 2024 | 3 replies
Government AgenciesGovernment agencies can also foreclose on properties.
Lucas Schlund
How Do You Get Around The 90 Days Per Year Regulation In Detroit?
26 November 2024 | 19 replies
@Lucas Schlund the same thing that happened to all the STRs in NY City when their ordinance went into effect, as well as many other cities.Owners must comply and the government doesn't care about your potential losses:(
Tyler Gilpin
Can I section 8 trailers?
26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.
Jessie MacDonald
Renting to someone on an income rental assistance program??
7 November 2024 | 3 replies
Looking for advice on renting to an individual on a rental assistance program through the government.
Nandy B.
Mold Remediation Quote -- $11K Inflated or Reasonable?
14 November 2024 | 6 replies
Quote from @Gerald Jarreau: Is there a government agency that will need to certify the rental as mold free?
Jay Hinrichs
MF owners how are you going to keep tenants with EV's
28 November 2024 | 22 replies
I bet the government thought people would plug in while visiting the DMV and then leave, that never happens.
Jeffery Jones
Section 8 properties
13 November 2024 | 7 replies
**Cash Flow & Reliability**: The cash flow can be great, especially since the rent is typically above the average for the area, and it’s guaranteed by the government.
Michael Soukup
Where best to spend the money from the sell of my home.
25 November 2024 | 4 replies
There are banks that do non-recourse loans to IRA's, a simple google search should render you some results. 2) If you are still working for the government, you likely can't rollover the TSP to an IRA. 3) When borrowing money with the IRA, you do have a special tax, called UBIT, not a deal breaker, but something to be aware of.
Liam Alvarez
Best Apps for Analyzing Real Estate Markets: Share Your Experience!
29 November 2024 | 15 replies
The problem is that non-government jobs aren't permanent.