John Subick
House hack/ live in flip
16 January 2025 | 1 reply
Outcome currently is a rented basement for $1,350 a month + $130 in utilities while I live in the upstairs unit.
Amit Chugh
Section 8 Property
2 February 2025 | 9 replies
Also, be sure to check with the section 8 agency managing the tenants - sometimes if you pass on an additional cost like that they will no longer be eligible to live there if the rent and utilities exceed what they were approved for.
Jake Andronico
Just met w/ a developer - housing affordability may get much worse.
27 January 2025 | 23 replies
(I REALLY can’t stand state income taxes.
Jason Munns
Canadian Lender Finder?
2 February 2025 | 6 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Seth Kellow
Purchasing Camper Trailer as a Business Expense
7 February 2025 | 0 replies
We now live in Arizona and I frequently fly back to the southeast to repair or inspect the properties and already deduct the travel, lodging, and half of the meal expenses from my taxes.
Parker Robertson
Rent to Retirement Academy Experience
25 January 2025 | 17 replies
Tax structuring and LLC advice you can get for a paid fee too.
Jeffrey Bourque
Found a Deal but Not Sure
27 January 2025 | 7 replies
. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
Clarase Mika
Did You Know You Can Purchase Property in Germany With Only 5-10% Down? Here’s How
24 January 2025 | 0 replies
.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
AJ Wong
🌊 Where to buy an Oregon Coast AirBnB Vacation Rental For Sale in 2025
16 January 2025 | 1 reply
Coos Bay - The main delay with application in this area is whether the property is on public utilities or has a septic system and private or public water source.
Mario Morales
Cash Out Refi-LTV on a rental property vrs owner occupied
28 January 2025 | 9 replies
Specifically:Will the lender only consider the rental income from the two legally zoned units, even though all three rental incomes are declared on your tax return?