Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
You seem to already have US based accounts, so you are good there too.The last item here is the definition of "good".
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
If the property is making money - and I mean really generating good cash flow - then those taxes are just another line item in your budget.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
Buyers are Liars" And I guess the same can be said for sellers to when they do not divulge items they know.
Alex Yeater
Wedding Venue Questions
11 December 2024 | 6 replies
Originally posted by @Michele Davidson:@Alex YeaterWe are selling our bed and breakfast business complete and turn key with wedding items.
Mike Johnson
What to expect in Property Management
16 December 2024 | 9 replies
Your biggest problems here are going to be how to properly qualify someone, what to do if someone stops paying, footing the bill if you have a big repair item, finding quality and reasonable vendors/contractors to fix things, and keeping track of payments.If this isn't you, give me some more context of where you're at and I can give some better insights.
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
I could likely see many things from the TCJA being made permanent, mostly procedural items like the higher standard deduction and child tax credit (Plus eliminating exemptions).
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
I think by waiting to last minute to put things together you miss items and year end tax planning becomes problematic.
Anne Christensen
Loan Information Needed on Out of State Investing
17 December 2024 | 9 replies
The biggest advantage of using someone local to where you're buying is that they will understand taxes, insurance, and similar items very well when it comes to DTI/DSCR calculations and payment quotes, and they will likely have a local network of service providers for ancillary services (survey, inspections, etc).
Vivian Yip
Mid Term Rental Knowledge sharing
10 December 2024 | 10 replies
Software: Stessa for accounting, Deal Check for quick and dirty analysis of potential purchasesMarket positioning: Pet-friendly (fenced-yard, accept dogs and cats), well-designed homes, off-street parking, suburban, full cable TV package (not streaming only)Pricing: Targeting upper-middle market (not budget-conscious guests)So far, so good (since 2020)
Paul Novak
Small & Mighty Real Estate Investing
21 January 2025 | 14 replies
Please note that contrary to common belief a lender can NOT prohibit a transfer, they could only declare such transfer a item that allows them to accelerate the note.Up until now, very few notes have been “called” due when title has transferred.