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23 January 2025 | 10 replies
My piece of advice would be to try to take advantage of as much free education as possible with podcasts, forums like these, YouTube, and other real estate investors.
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2 February 2025 | 7 replies
While an S-corp may offer tax savings, its possible that those savings would be eaten up by the the admin costs.So many variables here that it really pays to consult with a tax pro.
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23 January 2025 | 7 replies
Quote from @Sabian Ripplinger: i want to possibly use hard money this year to grow quicker and can you use them for new builds who should i use and any tips?
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2 February 2025 | 1 reply
I own the two homes next door and rent them for 1425 and 1350/month plus utilities. 3% annual appreciation.I would be putting 20-25% down on these and would be cash out refi-ing from some other properties for the down payment or possibly paying cash for deal #3+4.
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26 January 2025 | 5 replies
In addition to property sourcing, I require an agent who can negotiate effectively on my behalf, ensuring I secure the best possible deals.If you have experience in identifying distressed properties or working with real estate investors in Florida, I would love to connect.
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23 January 2025 | 8 replies
Understood I made a bad move here as this was first investment so didnt think much except at the location for longterm growth or possibly I move there as part relocation.
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5 February 2025 | 8 replies
Is it possible to ask seller deliver the property vacant?
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12 February 2025 | 4 replies
It is possible though under the following conditions: 1.
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12 February 2025 | 7 replies
It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.
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3 February 2025 | 3 replies
It's likely they need to get a certain amount, possibly for a mortgage.