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23 January 2025 | 9 replies
Check their occupancy, nightly rate and amenities.
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29 January 2025 | 11 replies
Conventional loan, 25% down at ~7% interest rate How did you add value to the deal?
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22 January 2025 | 4 replies
Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?
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1 February 2025 | 4 replies
It's effective interest is similar to Mezz-debt at current rates but a bit lower.
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6 February 2025 | 2 replies
I don't think your first property needs to be perfect, but doing the work in advance gives you the possibility of refi (in a good rate environment) or more equity on a HELOC.
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29 January 2025 | 47 replies
To add to your argument I suppose the tax implications are better with RE too bc theres a capital gains tax ceiling of 20% vs standard tax rates for IRA withdrawals that are potentially much higher.
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25 January 2025 | 11 replies
It seems like everyone is preparing for a big boost.The current growth rate seems feverish but I've seen a lot of houses going up to prepare for the influx of population.If you have any questions, I'm available to answer them.
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11 February 2025 | 14 replies
You need to review your lease. tenant may be responsible for interior, but common areas and building facade should be LL.what is the current rate?
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11 February 2025 | 2 replies
For example, the turnover rate on Realtors is like 88% a year or something like that.
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22 January 2025 | 14 replies
Yes their rates are steep, but that's hard $$$ for you.