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6 January 2025 | 8 replies
In some cases, after crunching the numbers, the profit margin was so slim—or even negative—that I had to pass on some promising opportunities.Here’s my situation: I currently own two properties—a primary residence and a rental property—both of which have substantial equity.
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11 February 2025 | 25 replies
The negative is it doesn't have a mobile app (yet.)
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26 January 2025 | 54 replies
Then, if you decide to explore a mentoring program, you will have the background knowledge to actually evaluate it and make an informed decision, and you'll be able to speak the language and ask intelligent questions.
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21 January 2025 | 7 replies
But, that is not always the right answer and you should speak with someone familiar with your personal situation to get advice specific to you.
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1 February 2025 | 56 replies
In the example you outlined and in the case of what a lot of people are doing right now (super high LTV underlying, negative equity on wrap, 100% financing for the buyer, low note rate, etc), then no, this wont work, primarily because whomever created the wrap note is either an idiot or a fraud.
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19 January 2025 | 18 replies
Different lenders can view income in various ways depending on who you speak with.
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14 January 2025 | 5 replies
Depending on the value at the time of death and your basis you may need to file a gift tax return.I would speak with a CA attorney to determine the best type of deed to file and a tax professional to gather more information.
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5 January 2025 | 18 replies
I do not care what the source of the return is Historically the highest return is via a value add and appreciation and is more so recently due to the recent rate increase versus earlier this century (before 2022).However, most new RE investors cannot handle extended periods of large negative cash flow.
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27 January 2025 | 56 replies
I do think this bill will have a big negative impact on tourism in Summit County.
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16 January 2025 | 8 replies
Here’s an example of what I’m speaking of.