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1 February 2025 | 16 replies
The key is by leveraging OPM (Other People’s Money).Do you have private money lenders in your circle who might fund the deal in exchange for equity or some interest?
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24 January 2025 | 12 replies
You cant view a lot of FL probate dosuments directly from the recorders site but you can get the key people (petitioner/decedent) then combine with the case type (summary vs formal probate admin) then look through property records to see if they own property and whether there are encumbrances.
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11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
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8 February 2025 | 21 replies
Hi @Cosmo DePintoHave you considered a fully turn-key option?
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25 January 2025 | 12 replies
Location is key (just like all of RE :-)I've done 2 STRs and did quite well, but I did everything myself...and had great locations for each.
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24 January 2025 | 5 replies
Highly recommend (I require) collecting first month's rent prior to handing over keys.
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12 February 2025 | 22 replies
We just helped an investor buy a side-by-side duplex for $110k, pretty turn key with tenants in there paying $825 a side.
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21 January 2025 | 8 replies
Quote from @Griffin Malcolm: Open an LLC and apply for a small business line of credit from Key Bank.
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12 February 2025 | 19 replies
@Richard Balsam Thank you for this key news.
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29 January 2025 | 9 replies
Are you OK with some rehab or do you want something that is turn-key?