Vinay Sanapala
Ready to Dive into Section 8
16 October 2024 | 13 replies
For instance, most deals I'm doing now are $80-90k all-in, with rents around $1,200-$1,300—giving a strong rent-to-price ratio of around 1.5% or higher.
Brian Phor
Setting Up a Parent/Foreign Wyoming LLC
12 October 2024 | 7 replies
@Malcomb Stapel In many instances the deed will contain an address certification towards the end.
David Cianci
Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
While its possible, you will still incur the transactional costs of deed prep and pay the transfer tax in most instances equal to the assessed property value.
Jorge Vazquez
The Right Insurance Agent: A Lifesaver for Real Estate Investors
9 October 2024 | 0 replies
My agent, for instance, called me just days before a storm to remind me I could still bind policies and even updated some coverage to ensure I was fully protected before the storm hit.
Tanya Maslach
Using an IRA for downpayment funds?
11 October 2024 | 10 replies
Solo 401(k)'s in most instances are exempt from UBIT as it relates to Debt Financed Income.
John Patrick Lasher
Need some creative lending options. $3.8 million deal on the hook
9 October 2024 | 8 replies
For instance, we have a line of credit against another profitable business that we are the sole owners of.
Chida Truong
Pace Morby Mentorship
14 October 2024 | 420 replies
. - these are like the famous “Nigerian Scam” , i.e., “my cousin is the Prince of Nigeria and has $2 billion tied up in petrodollars; if you send me $20k US I will share half with you when he receives it” 2.
Madheshwaran R.
Seeking advice on New condo for STR
10 October 2024 | 28 replies
For instance, a beachfront condo with a spectacular, beach view from the living room and balcony, priced around $600K, only generates a gross income of about $50K.
Kevin Lin
rental property calculators generate different assessment results - very confusing
8 October 2024 | 3 replies
For instance, if you are letting Zillow plug in your property taxes for you versus using actually values per county.
Evan T. Ong
What is the best book on commercial real estate investing?
7 October 2024 | 6 replies
Know the lenders requirements for the loan types you will need.For instance you may find you need to have liquid cash of 9 Months P&I and 100% of the loan amount as your personal net worth in order to avoid personal guarantees on the loan, and your retirement accounts may not count towards your liquidity.Know the requirements of the loan products for the apartments you want to buy.There are no books for that, that I know of--just lenders info.Because without that all else is just scholastic exercise.Good Luck!