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1 October 2024 | 2 replies
We look forward to your contributions here.
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2 October 2024 | 38 replies
Just to be equally critical of both parties, and make everyone mad, here are two examples: - Imposing tariffs on China absolutely contributes to inflation in many consumer goods. - Giving first time homebuyers $25,000 absolutely contributes to housing price inflationGetting some conservatives running for office to change their mind on the first point ain't gonna happen.
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3 October 2024 | 9 replies
As Gino noted, if you buy a lot in cash, that can often be contributed as equity in the deal for the loan, but depending on the value and LTV ratios including your current mortgages on the existing properties, you may have very little equity available to tap into from a refi/HELOC.It has been a while, but the construction loans I have been quoted have been 80% LTV of after construction value, capped at 80% of actual cost.
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4 October 2024 | 27 replies
That should be contributing towards your income.
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1 October 2024 | 12 replies
Rehab 20k I funded it.My new client put 10k into the deal I require that when starting out with a new client.sold in 158 days 148k Netted 134k - 80k - 10k ( clients contribution) net profit Net profit 44k Minus my funding fee of 10k and my new client made 34K on a light rehab.
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4 October 2024 | 8 replies
It will contribute to the importance of insurance (and contracts).I leased a Panama City, Florida, bay front fixer from a man that lived/worked out of the country.
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30 September 2024 | 11 replies
-One of the cheaper options I have found is TaxAct Business ($140 + states), and TurboTax Small Business ($739 + states).The issue I am potentially running into, and I am not sure if the online software's mentioned above can handle (they won't tell me unless I pay for advice), is figuring out how to make sure the losses/initial capital contributions are reflected on my K-1 and not my business partner, since I made 100% of the contribution.
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3 October 2024 | 0 replies
What Else is Contributing to Home Prices?
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2 October 2024 | 13 replies
Real estate investing can be a great idea for several reasons:Potential for Appreciation: Over time, properties often increase in value, allowing investors to build wealth through appreciation.Passive Income: Rental properties can provide a steady stream of passive income, helping to cover expenses and generate cash flow.Tax Benefits: Real estate investors may benefit from various tax deductions, such as mortgage interest, property taxes, and depreciation.Inflation Hedge: Real estate tends to keep pace with or outpace inflation, making it a good hedge against rising costs.Leverage Opportunities: Investors can use financing to purchase properties, allowing them to control larger assets with less capital upfront.Portfolio Diversification: Real estate adds diversification to an investment portfolio, potentially reducing overall risk.Tangible Asset: Unlike stocks or bonds, real estate is a physical asset that you can see and manage, providing a sense of security.Control Over Investment: Investors can influence property value and income through renovations, management decisions, and property improvements.Building Equity: As you pay down a mortgage, you build equity in the property, which can be accessed later through refinancing or selling.Community Impact: Investing in real estate can contribute to community development and improvement, positively impacting neighborhoods.These factors make real estate investing an appealing option for many people looking to grow their wealth and secure their financial future.It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
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1 October 2024 | 6 replies
What is contributing to your 650 credit score?