Alex Hileman
DSCR Lenders for Under $100k Purchase
6 January 2025 | 5 replies
as is prop value 75k and minimum loan size of 50k. as long as its turn key 30 year fixed is available. yes there are some fees and rate will be a touch higher. if it cash flows get it closed.
Jason Bales
Understanding Housing Vouchers
2 January 2025 | 2 replies
Out of that voucher amount, they will have a utility and appliance work sheet that provides a cost for each utility or appliance not provided by a landlord for each bedroom size.
Benjamin Jones
Is anyone investing in Japan?
25 January 2025 | 24 replies
Second link is a similar size, albeit 10 year older home, in Setagaya Ward (a very desirable neighborhood), but still "only $1.2M. https://www.homes.co.jp/kodate...https://www.homes.co.jp/kodate...(2) Age.
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
Thus, I have worked 2 jobs (1 is self employment) for 7 years to fund purchasing a few single family homes locally. 20k is not enough to purchase IMO, that should be your savings AFTER your purchase.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
For me it was not necessarily that and frankly most 9 to 5 weekend off parents get way more time with the kiddos than self employed folks that are striving to build up their investments.
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Our manager looks at employment, rental history.
Gregory Schwartz
What is a good occupancy rate for MTR
9 January 2025 | 8 replies
In other words, there's no one size fits all occupancy target for MTRs.
Tiffany Palaskas
Sell or keep income producing duplex
30 January 2025 | 38 replies
Usually MTR comes fully furnished with utilities included, so you pay for the convenience.if the area has traveling nurses, other professionals that come for a few months for work they normally pay more, in certain cases the employer pays the rent not familiar with that particular market, but worth looking into it.
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
Chicago cap rates are actually much higher then other comparable sized cities.