Larissa Leeper
Flipper… ready for rentals!
11 January 2025 | 13 replies
That type of property is ideal.
Jonathan Baptiste
Any advice on finding dependable contractors
13 January 2025 | 5 replies
It’s ideal to have them view the property after the inspection, so they can consider any issues discovered during the inspection in their bid.
Michael Long
Investing Cleveland, OH area
9 January 2025 | 10 replies
I would try to find an agent with investor experience and, ideally, a focus on investment properties.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
Do you transfer money directly from your business account to your personal account?
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
15 January 2025 | 37 replies
The location is ideal, as it’s situated in a neighborhood that permits short-term rentals (STRs), making it a great investment opportunity.
Meir Ben-Yechiel
Question About Investment Goal Strategy
8 January 2025 | 5 replies
Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.
Rosalita Smith
Do I have to sell my house to afford buying?renovating a new house?
16 January 2025 | 0 replies
Ideally we would love to live in my childhood home.
Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
16 January 2025 | 2 replies
Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
Evan Coopersmith
Looking to buy a multifamily property in 2025
14 January 2025 | 19 replies
You can surely buy cheaper properties and obtain the same debt pay-down, but now you've got 5x the head-ache, so right asset class is more about efficiency when it comes to debt pay-down.Tax shielding is similar concept in that more expensive properties directionally give you more building basis to depreciate, which means less net income to tax.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
Look for a local credit union that can offer a cash-out refinance once the work is done, ideally with minimal seasoning.