
24 January 2025 | 6 replies
I still have plenty time left saving but when the time comes I’ll either be looking into conventional loans, or some type of remodel loan to pay for the repairs of the property I am looking to fix up, because as far as I’ve seen so far it’s hard to find a good deal starting out unless you buy it as discounted as possible and put some sweat equity into it, let me know your thoughts on that ur possible.

23 January 2025 | 31 replies
I lived in Madrid, Spain for about 8 months and I am curious if it is possible for non-residents to successfully have rental properties within the country.My concern is mostly from a tax standpoint and whether it makes sense.My research shows that Non-residents of Spain(but a resident of Europe) pay a flat rate of 19% on NET RENTAL INCOME.Non-residents of Spain(Not a resident of Europe, such as the USA) pay a flat rate of 24% on GROSS RENTAL INCOME.The difference of paying tax on Net and Gross is huge.Americans are not able to deduct expenses such as mortgage interest, taxes, insurance, cleaning, repairs, etcA pro that I can think about when it comes to invest in Spain is that overall costs are less - Mortgage rates are currently around 4% - 4.5% while it is around 6.5% - 7% in the US.Am I reading the tax law correctly?

7 January 2025 | 0 replies
Am excited to venture into wholesaling and I've been educating myself on terms, technique, and form of going about it.

24 February 2025 | 28 replies
They only want to do the bare minimum to keep places occupied, collect and distribute payments, and send out their preferred repair people.

2 February 2025 | 7 replies
. $150k down, 5 year balloon, 8% interest, no inspections, repairs, or appraisal, $20k over asking, and most importantly.

18 January 2025 | 4 replies
One is the $10,000 repair expenses.

17 January 2025 | 7 replies
So, he's claiming the home warranty won't cover... fine, what's the repair cost?

20 January 2025 | 7 replies
.- Can't see a Senior-Only complex allowing Short-Term-Rentals (STR).If so, SELL.2) What is the history of Association Fee increases and how well capitalized is the Association for future repairs?

21 January 2025 | 14 replies
At full occupancy, the cash flow I just keep in reserves for repairs or help pay the principal.

11 February 2025 | 15 replies
Use the brokerage account to fund the downpayment and repairs to bring it up to the comps in the area.