Kelly Taylor
Recommendations for a Self-directed Roth IRA Custodian - Equity Trust anyone?
6 January 2025 | 11 replies
While fees are pretty similar between custodians, read the fee schedules carefully as there are sometimes others fees charged that aren't readily discernible.Good luck and happy holidays!
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Separate accounts per property incurs a lot of overhead, such as minimum balances or fees for missing the minimum.I use separate accounts for each tenant's security deposits.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
So huge portion of investment is not even depreciable. 2) All the repairs and property management fees etc are real expenses.
Travis Boyd
Seeking advice on potential first deal - off market 6 unit apartment
18 January 2025 | 6 replies
With this, along with shifting the utilities to the tenants and reducing the management fee to generate an NOI of around $103k, I'd estimate the value around $1.8M to $2.0M
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
This money gets added onto the back of the loan kind of like a VA funding fee does.
Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
For now, it Looks like your roommate/tenant can cover half of your mortgage (plus hoa fees).
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
You will have to pay an annual fee for this service, but it takes the repairs and Tenant requests off your plate.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
If I were to do a traditional VA loan, the loan would be close to 7%.Below are what I understand to be the numbers so far:Seller purchased the property in DEC 2022 for $1.13M (owned for 2yrs)Current estimates are Zillow= $1.26M/ Redfin=$1.323MOur agreed purchase price is $1.25MSeller financing would be $120k @ 8% for 3yrs.No commission cost.Small percentage of fees/ costs in the tune of 1.5% of loan amount.Let me know what you think and if you need any additional info.
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
Or would it be minus realty fees and closing costs as well?