Keith Groshans
Keep Idle Cash Working in SDIRA
15 January 2025 | 8 replies
Idle money is the quickest path to low returns and does no good for anyone.
Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
23 January 2025 | 10 replies
With a Conventional Loan you can buy a SFH, Duplex, Triplex or Quadplex with as little as 5% Down if it is your primary residence as long as you have the intention of occupying one of the units for 1 year after closing escrow.This is the strategy I have personally implemented and have assisted many of my investor clients in doing the same. 20% Down is also beneficial as it keeps your payment low but it does limit your ability of buying more real estate faster.i would be more than happy to discuss the different strategies with you over the phone or in person.
Marcus Stokes
fix and Flip
18 January 2025 | 21 replies
Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.
Robert Medina
Attempting to brrrr but having issues
15 January 2025 | 8 replies
Mortgage rates and PMLs are 8-12% plus points right now so the deal has to be a low enough entry.
Christina Hall
Best skip tracing website?
29 January 2025 | 40 replies
Also the hit rate per property is really low.
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
Brian Chadwick
Selling one home to get three - smart or stupid?
21 January 2025 | 20 replies
Personally I like keeping my properties that I know are successful and have low maintenance.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Just food for thought here, all the hype around subto lately got me thinking, it's not even a strategy I typically employ but like to have in my back pocket in the rare case when it makes sense.
Polat Caglayan
about section 8
21 January 2025 | 13 replies
The type of the neighborhoods where his properties were located didn't fit in with my plan but he did well and the purchase costs were low.
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
23 January 2025 | 12 replies
The negative equity often exceeds $50k but even if I use $25k (it would be rare to have this low of an initial negative equity position), is nearly 2.5 years to recover.