Blair Ross Jr
Rental Property Purchase
21 January 2025 | 4 replies
Some rehab loans offer 90% of the purchase price and 100% of the rehab costs.
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
31 January 2025 | 57 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
31 January 2025 | 11 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
Jon K.
My first rental, 11 years later.
1 February 2025 | 1 reply
And the reality was I only put 20% down plus closing costs.
Brady Morgan
Securities Based Lending for Low Interest Rate
17 January 2025 | 19 replies
The primary risks at this point would be 1) to your lender, the risk of a margin call. 2) To you; underestimating the true cost of a project and cost overruns 3) To you; legal risk of securities regulations if you partner looses money.
Shiloh Lundahl
Who here has 50 or more properties?
1 February 2025 | 2 replies
Lastly funding developer who has 3 subdivisions going in WA DC market. these are big time deals and with our funds for the soft costs 500 k to 1 mil on each project my client is going to make sit down but probably over 10 million net life changing money and well we will do good too !!
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
You still have the cost of lease renewals, but that's minimal when compared to the cost of turnover.
Penny Wilkinson
Looking to sell a duplex but having trouble determining value
16 January 2025 | 15 replies
Cost approach A straightforward method that adds the cost of the land to the cost of building construction.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
At least that avoids the banks closing costs right now.
Chris G.
Drain Field Replaced at Rental Property and Broken Cable Line Responsibility
13 January 2025 | 1 reply
Well anyone can write anything into a contract, but whether it is legal and enforceable is for the courts to decide...It is State law here that a contractor must call 811 or they are liable for the costs.