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Results (10,000+)
Gregory Schwartz How to access equity in your primary home?
15 October 2024 | 2 replies
@Gregory SchwartzThose are primarily it.If you are older you could do a reverse mortgage on the property.There are also equity share companies - they will take a percentage equity in home and give you cash.
Shayan Sameer Fix & Flip Deals
15 October 2024 | 2 replies
Percentages are fine, but for me it's all about the $.
Deborah Wodell For Experienced Investors: Lessons from Your First Fix & Flip?
14 October 2024 | 4 replies
Always pad a percentage of your budget for overages.
Rahul Sivaswamy How to budget for Lease renewals and Tenant replacement
13 October 2024 | 3 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Cory Iannacone Is the 2% Rule still alive in the central Pennsylvania market?
15 October 2024 | 9 replies
While you are renovating, your percentage is going down, then you rent higher and it goes up.
Travis Hardy Trouble pricing house
16 October 2024 | 11 replies
I have it down to a percentage now that i can use as needed. 
Kevin Sobilo SD Roth IRA Investing In Syndication - Transfer Depreciation?
16 October 2024 | 10 replies
Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.
Jonathan Greene My Highlight Reel from BPCON2024
14 October 2024 | 8 replies
I suspect poor communication was a reason that such a low percentage of people who paid $300 atrended (in San Diego I attended the STR workshop and room was full - this syndication workshop we sat around one table).I have heard Codie present and she is as good as you indicate but not an RE person. one of her lines is something like there are a lot of millionaire RE investors but not a lot of billionaire RE investors and I want to be a billionaire.  
Margharita Silva Building "lease fee"
13 October 2024 | 10 replies
I have a sick parent abroad and i am not there half the time, they kept raising the maintenance since i got there and i don't want to pay that when i am not there so my solution was to rent it out ... so while i agree its better for the building to have a lower percentage of rentals it hits people like me... 
DeAndre Mason Cash out refi
15 October 2024 | 10 replies
I'd attack the credit report :) 1) lower (pay down) whatever accounts have a high utilization percentage 2) contact each of 3 major consumer credit agencies and get a free report, then dispute every hard inquiry that is *NOT* associated with an open account 3) call the credit cards you already have established and ask for a credit line increase -- often can be done online and they do not verify income, hint hint.