Federico Dallo
Seeking Advice on Property Investment for Renting - Budget of 300K
26 December 2024 | 10 replies
Most foreign buyers are high net worth individuals who want to park their money there in a safe haven and they don't need BP.No restrictions apply to American buyers in the countries they'd generally want to buy, including those mentioned by Federico and many other popular countries.When it comes to Spain specifically, some more conservative banks will ask you for a 40% downpayment (that would be the maximum) but that isn't the rule.
Mia Shlomit
Converting to condo in Union City, NJ?
13 December 2024 | 15 replies
If the former, note per Union City Rent Stabilization ordinance (https://ecode360.com/15397000 is a slightly outdated version), "the terms of this chapter apply to individual dwelling units within a building, including condominium or cooperative units in the process of being converted, or having been converted".
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
The replacement shelves were ordered individually, I was charged the initial inspection fee to tell me the shelves were missing, the cost of the shelves plus markup by the PM, and $67 an hour to "install" the shelves.
Jeff Shaver
Need Advice on how to best use my equity.
23 December 2024 | 15 replies
Be sure to factor in management complexity, market research, and your risk tolerance as you evaluate options.Without a W-2, HELOC approval can be tricky, but some lenders will work with retired individuals, mainly if you can document stable income (rental income, retirement funds, etc.).
Jake Baker
Co-Living (rent by the room) BRRRR
11 December 2024 | 10 replies
While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging.
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
I'm invested with individuals who have each put much more cash into the deal than I have, and their only compensations is a fixed percent of total profit.
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
26 December 2024 | 31 replies
If you buy 100 different properties in 2024, they are all individually able to get the ATI.
Travis Boyd
Should I wait to form my LLC until after my first purchase
14 December 2024 | 6 replies
If a claim is filed and the property is owned through an LLC the individual members are less likely to be named in the complaint and that above all else keeps the members name out of the docket.
Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
I personally avoid individual showings and schedule open houses instead.
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
Quote from @Rud Sev: Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how preferred returns/cash flows are taxed, if at all, until the amount invested has been returned.