Mat Deveaney
New To Real Estate from Pittsburgh
5 December 2024 | 17 replies
The one percent and 2 percent rule ive never looked at ... cap rate is .. meh .. its there - what im most concerned with is the price of the home relative to comparables and cash on cash to start. 9) I look the other way if it is a multi unit that is not separately metered - thats always one of my criteria here in pgh as there are a lot of older homes and a good portion you wind up worrying about who will cover utilities.
Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
But this is Rare.. you cant compare most low value areas of cities in the mid west or Rust belt to Charleston SC..
Zachary Engen
Using heloc for brrr and renovations
5 December 2024 | 6 replies
They typically have multiple origination points (meaning very high closing costs) very high rates (compared to conventional but also compared to 6 month or longer waiting period DSCR products) and almost always have VERY long pre-payment periods up to 5 years.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
Compare it to the number of visitors who were shot or disappeared in Mexico.
Kwok Wong
What to do when no sold comps?
1 December 2024 | 9 replies
., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
Their coaching program is extremely affordable compared to most things we see in the coaching space.
John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
You can also recapture loss's in it compared to a C or S corp. so it does have tax planning benefits.
Tyler Edmister
New to Multifamily in Columbus, Ohio
10 December 2024 | 12 replies
Your construction background and being local to Columbus are huge advantages—they’ll definitely give you an edge in finding properties and keeping rehab costs down compared to others.I’d suggest exploring parts of the city you’re less familiar with.
Michael McLoughlin
PPR Note Fund
5 December 2024 | 87 replies
I do agree with everyone here that their customer service is by far the best I have ever had comparing to any other online investment platform.
Loren Souers
Moving Rental Property Into Revocable Trust
5 December 2024 | 6 replies
Putting a property into an LLC before placing it in a trust is generally recommended because an LLC provides a stronger layer of asset protection against creditors and lawsuits compared to a trust alone, effectively isolating the property from personal liabilities while still allowing for estate planning benefits through the trust structure; essentially, the LLC acts as a shield to protect the asset within the trust from external claims.Consider getting professional advice on how to structure your assets to shield and protect the asset(s).