Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
There were some years ago when buyers would just take over the lease and that is it, the value stayed the same and it was transferred in escrow to the new buyer if they qualified.
Tessa Tsui
Tenant showing services for our of State landlords
9 December 2024 | 6 replies
It took me 5 days to find qualified tenants with good credit score and income but my property manager still charges me full listing fee even though I did the whole listing, marketing and prescreening and they helped with 1 showing - they only showed one tenant who I prescreened through Zillow.
Kenny Smith
TAX SEASON is right around the corner....
9 December 2024 | 2 replies
Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....
Seth Roland
House hack or continue renting?
7 December 2024 | 1 reply
How much are you qualified to borrow and what will your monthly costs be for mortgage, insurance, taxes???
Jewell Arceneaux
BRRRR- My first home investment
11 December 2024 | 6 replies
Neutral colors work well, and energy-efficient upgrades not only attract buyers but can also qualify for tax benefits.
Vince Nguyen
House hacking with a primary home
13 December 2024 | 11 replies
A good one will be able to take a look at all your finances and let you know whether you need a lease or not on your primary residence before you qualify for the loan.
Matthew Weirath
Funding first rental
11 December 2024 | 6 replies
If you can qualify with your income, DTI and employment history, conventional may offer better terms.
David Martoyan
Making BRRRR truly work in 2024
17 December 2024 | 16 replies
DSCR loans definitely seem like a good tool for scaling, especially with strategies like BRRRR where cash flow is critical since it doesn’t rely on personal income or DTI, making it easier to qualify while keeping cash flow positive.
Reeves Bennett
How to Scale Multiple BRRRR Deals in a Year
17 December 2024 | 14 replies
DSCR loans are easier to qualify for when the asset values are a bit lower and rents a bit higher.
Brett Riemensnider
Claiming Expenses on SMF During Tax Season
11 December 2024 | 6 replies
Depending on if you qualify for the special allowance for active RE, you may be able to take up to $25k in losses (unless you are full time in real estate and may be able to use real estate professional status).