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7 December 2024 | 11 replies
Seniors literally have better health outcomes.
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16 December 2024 | 21 replies
We make thousands extra each year on pet fees and have never had any damage.Most of our guests travel with their pets.
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10 December 2024 | 7 replies
And new community is under construction and selling already literally in my backyard.
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10 December 2024 | 10 replies
@John TomassacciAre you literally just looking in Dunmore?
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16 December 2024 | 1 reply
An entity that operates hundreds or thousands of apartment units has far less concentration risk than an owner of a few rental homes, whose tenants may all be impacted by COVID-19.Do you think Portland’s ten-year trend of positive economic growth for landlords will continue, or will it flatten out, possibly even declining in the wake of COVID-19?
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12 December 2024 | 7 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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22 December 2024 | 24 replies
For the folks north of 30% DTI, buyer expectation shifts are not meaningful because real qualifications just aren't there.The best case scenario folks-- dual income, no kids, no debt, have minimum 10% downpayment, sharing a 1br apartment under $2k in a average COL place looking for a $450-550k house is literally the only type of folk that is waiting for this "expectation" shift.
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12 December 2024 | 37 replies
I stopped paying the 1%+ and my principal finally started to decrease, significantly.My suggestion is that you ask brokers for recommendations that are in the area where you are purchasing your property and keep calling banks and save thousands of dollars you can use to invest for your next purchase.Two things: Your broker wasn't getting rich on a 1% commission and the 1% you paid to your broker didn't keep your principal from decreasing; it was probably the cash out he got you (and at a higher LTV than the bank would lend you I might add).Banks and brokers each have a place in the lending arena.Stephanie
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14 December 2024 | 42 replies
i keep seeing:1. buy out of state rental in a solid neighborhood with long-term potential (just as you are recommending) but then...2. have one rough tenant turn that costs a couple grand, and3. give up on real estate investing, and turn on everyone involved in the transaction for not guaranteeing that sweet cash flow in month 1 I literally just had this conversation with a prospective client when he asked me what a typical outcome looks like.I told him everyone nods and agrees when I drill into them the risks of investing OOS and in Detroit.
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12 December 2024 | 2 replies
Now in the last 48 hours I find myself in a total and literal quagmire.