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6 February 2025 | 9 replies
I actually think it is a benefit to both parties to have professional representation to assist the seller and buyer with these types of transactions.
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24 January 2025 | 5 replies
As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.
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25 February 2025 | 21 replies
Are you looking to quite your W2 job--STR might get a leg up because of the STR loophole in becoming a real estate professional?
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25 February 2025 | 29 replies
Consult Real Estate Attorneys: Attorneys specializing in real estate often have connections with private lenders and can provide referrals based on your specific needs.Engage Mortgage Brokers: These professionals have access to a variety of lending sources and can help identify financing options that align with your objectives.Local Banks and Credit Unions: Establishing relationships with local financial institutions can lead to personalized financing solutions and potential leverage opportunities.By focusing on these qualities and avenues, you can find a business broker and financing options that align with your goals.
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29 January 2025 | 0 replies
Shared housing provides affordable, flexible rental options for young professionals, remote workers, and students.As shown above, co-living properties have more demand than traditional two-bedroom units and appeal to a wider tenant base.2.
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
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12 February 2025 | 8 replies
Sounds like I am in the right market for what I am looking for both personally and professionally.
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22 January 2025 | 4 replies
These are professionals with additional training and a stricter code of ethics.
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24 February 2025 | 147 replies
But what’s MOST INTERESTING isSales Professional (Wealth Coach)(Remote - Independent Contractor)We are currently seeking confident and ambitious sales professionals to join our first-class team as we continue to expand throughout the country.
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9 January 2025 | 3 replies
Hi everyone,I’m looking to dive into the real estate market here in the Des Moines/Metro area and would love to connect with experienced investors, agents, or professionals who are willing to share their insights.I’m particularly interested in learning about your experiences in this market—what’s worked for you, lessons learned, and any advice you’d have for someone getting started.