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4 February 2025 | 12 replies
If you think you can manage a mortgage, taxes, insurance and the upkeep of a home while paying your student loans then buying is not bad idea but if you think you will overstretch yourself renting is nto bad either.
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11 February 2025 | 6 replies
Why ask: Knowing what is included in the program to make sure you are getting all you are paying for is important.
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6 February 2025 | 12 replies
Your tenants can only continue paying similar rents if they remain employed at similar wages.
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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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12 February 2025 | 12 replies
Quote from @Josh Jung: surprised you haven't heard of RBP. it's like a mix of services you can offer to your tenants like renters insurance, virtual concierge, etc So the property manager/landlord pays for their renters insurance, and filters?
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10 February 2025 | 8 replies
Unless you have a Roth, you can easily pay much more in taxes by investing in real estate through an SDIRA.
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7 February 2025 | 10 replies
One year ago, I was hired to help a landlord whose tenant had stopped paying.
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1 February 2025 | 1 reply
When you borrow money you agree to pay it back.
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14 February 2025 | 19 replies
If you're doing a rate and term refinance, there's typically not a seasoning period but again it's common for lenders to require it be rented first.If you're doing a DSCR cash out refi, it may not need to be rented first but you're probably paying a higher rate.Your best option is to call a loan broker you trust and go through the options based on your current situation.
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11 February 2025 | 2 replies
How much in education did you pay to get Tyler Deveraux and Ryan Wooley listed as advisors on your website?