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7 February 2025 | 9 replies
I am a little older, a little more knowledgeable now, and I’m reading everything I can get my hands on.
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1 February 2025 | 3 replies
As with most PUDs, the developer handed things over to a management company who immediately started a $400/month assessment once the final unit in the development was sold.
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19 February 2025 | 27 replies
There are also discounts to other programs and products and the community itself is hands down the best of all the groups I am in.
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10 February 2025 | 24 replies
They will check for everything to ensure safety and habitable. i.e. doors/locks, lights, detectors, windows/screens, appliances (stove with anti-tip plate), hand rails, wiring in the unit and in the basement, lead paint (if children).....etc6.
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3 February 2025 | 27 replies
Investing close to home allows you to gain hands-on experience, learn the ropes, and be more involved in the day-to-day.
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4 February 2025 | 9 replies
If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.
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20 January 2025 | 5 replies
I am currently renovating it and we plan to when i am done to transfer the property to my buisness name. what would be the best route to go.
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6 February 2025 | 10 replies
And about a handful of messages in the app per day.
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27 January 2025 | 7 replies
I agree with the others here that say you need to have some skin in the game, if you are going to live there yourself, get an FHA loan rather than owner financing, you can get a 3.5% down loan, personally I do not love these as they require PMI which is an additional expense, and you also need bring additional funds for closing at least for taxes, title, attorney and transfer fees . borrowing from anyone else for the down payment, to include a personal loan from the bank is not a good idea, those again will be higher int. rate.
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12 February 2025 | 6 replies
I can tell you first hand that the demand for student housing is at an all-time high.