Dean Parker
subject to purchase
16 January 2025 | 2 replies
Some carriers won't allow insured to be a trust, so in that case do it in your company name with trust as additional insured.
Juan Perez
Turning a Primary Residence into a Rental
30 January 2025 | 5 replies
if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. .
Eli Kim
Maxed DTI. How should I get more properties?
10 January 2025 | 20 replies
Down payment should be about the same (20% on a buy-and-hold) but you'll see an additional $3-$6k on average in CC and the ability to keep it off of your DTI/Personal credit along with hopefully no more hard inquiries on your credit (many lenders will accept/perform a soft pull).
Joshua Simmons
Introduction to myself
20 January 2025 | 8 replies
Because of the additional income I am producing through the consulting business, I am afforded the opportunity to invest money in real estate.
Brandon Stelling
Military Vet investors 100% disability benifits
29 January 2025 | 8 replies
Additionally, many states offer property tax exemptions, significantly reducing expenses.
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
Quote from @Jay Hinrichs: Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect July 1 2025Requires:On line application to become a licensed wholesaler ( RE agents exempt from this of course they already have licenses)Name of company and individuals who will be performing these services.Each one needs a full criminal background check and approval prior to receiving the license.300.00 annual fee for the license.Written Disclosures in Bold 10 point.These must be given to Buyer and Sellers prior to entering into a wholesale contract and signed for.Also RE brokers assisting wholesalers need to give these to potential buyers and sellers.
Samantha Benz
Should I go to BPCON?
28 January 2025 | 9 replies
Plus, we like to make it fun so there will be 2 evening events, in addition to all the daytime sessions.
Ilina Shrestha
First time investor- lost & confused
28 January 2025 | 6 replies
You can later transfer the property to the LLC, but be aware it might trigger due-on-sale clauses or additional costs.
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
12 January 2025 | 1 reply
Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.
Christopher Reynolds
Colorado based rookie
28 January 2025 | 7 replies
You will likely need to rehab for any strategy but Co-Living will be more bedroom additions which is less cost compared to kitchen and bath remodels that are more needed for furnished rentals.