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10 August 2024 | 85 replies
And because Puerto Rico uses the U.S. dollar, there is minimal currency risk.Tax incentives:In 2012, Puerto Rico introduced a series of tax loopholes to lure investors and businesses.
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5 August 2024 | 9 replies
Nobody has a crystal ball and knows what the future holds, but if you want to introduce a partner/sell ownership interest its far easier if the property was originally owned as an LLC rather than in your personal name because selling membership interest in an LLC is far simpler than re-titling real estate.
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6 August 2024 | 29 replies
Many guru's have introduced REI to people who have made legitimate millions, who might have otherwise been stuck in a much lesser life.
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7 August 2024 | 23 replies
It introduces more steps and time to get that information, because you have to go directly from each listing agent, which is problematic is we're trying to work fast to submit an offer within a span of a few hours.The bigger hurdle for most of the country is getting buyers to sign an exclusive representation agreement to work with a buyer's agent.
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5 August 2024 | 13 replies
In the 4th Quarter of 2023, Fannie Mae introduced a new product allowing for a 🤩 5% down payment on owner-occupied properties with up to 4 units.🔥 This can be a great way to start building passive income immediately.🤑 By purchasing a fourplex, living in one unit, and renting out the other three, you could effectively live for free while simultaneously building equity📈 and generating passive income.
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6 August 2024 | 32 replies
., I think an unlicensed person should be able to represent themselves in a purchase/sale in the same way a homeowner can make renovations to their own home without an MHIC license), but overall I think this is good for the general public (and, yes, its good for Realtors - but as Russell points out HB301 was introduced at the request of MREC, not Maryland Realtors).To reemphasize Russell's last point: if a wholesaler believes they are operating in an ethical manner then they should get licensed and submit to the rules that MREC has put in place to protect the public from real estate scammers and incompetent licensees.
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5 August 2024 | 12 replies
I called every facility in my market, introduced myself as a burgeoning investor, and asked if they would consider selling.
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2 August 2024 | 8 replies
I also want to do right by the seller.My realtor introduced me to one of her former clients who needs to sell his house.
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1 August 2024 | 10 replies
I am looking for a recommendation for best book to introduce me to syndication as a real estate investment strategy.
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30 July 2024 | 7 replies
Hello Everyone,
My name is Renee. I am completely new to investing. I was attracted to Real Estate investing 6 years ago but realized I needed to improve my income first. I am now back, sitting on cash and looking t...