Richard Pastor
getting a HELOC on investment property the Refi into DSCR
17 November 2024 | 10 replies
It also is Tax free and cannot be closed or reduced once its in your account.
Kimberly Rowe
Lots to Learn!!
14 November 2024 | 4 replies
Just remember to factor in that you will now have fixed monthly payments on the original three which will reduce your cash flow.
Davin Manfredi
Cost pushed to tenant?
14 November 2024 | 11 replies
I have another feature for the future at a reduced cost to install.
Andres Triveno
How to structure short term rental ownership
15 November 2024 | 13 replies
While I'm not a STR expert or an attorney, I would recommend to all investors to take their properties out of their personal name and put in an LLC to reduce your personal liability.
Anthony Zotto
Election results and impact on real estate investing
11 November 2024 | 8 replies
.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!
Joe S.
Off market deals! It’s easy find yourself some off market deals!
26 November 2024 | 44 replies
Reduced Market Visibility: Fewer potential buyers, possibly leading to lower offers.
Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants/higher rents & reduced management expenses Tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property.
Sean Regan
Chimney Stack Demo - DIY or Outsource?
4 November 2024 | 9 replies
Communication is challenging, most likely uninsured, but this is in-line with the budget.c) Keep searching for contractors, adding time to project and potentially costs.d) Buy scaffolding or rent scaffolding or a lift and demo myself for under $1,500, including dumpster.What would you do??
Nicholas Dillon
I Would Like To Pay OFF 2 of my homes
15 November 2024 | 8 replies
He needs to account for property appreciation, but overall needs to reduce property exposure.
Conrad Tillman
What Are the Real, Day-to-Day Challenges Contractors Face in Home Construction?
12 November 2024 | 4 replies
I'm curious if these new tech can somehow help me streamline certain tasks or reduce dependency on scarce trades in your experience.Appreciate any additional thoughts I looked at 3d printing those machines are 800k plus.. and if you watch the video you need very large lots as you have to bring in truck loads of sand etc.. so thats not really going to work in an urban environment like Charleston SC were I have built 35 plus homes in the downtown core on lots that are from 12' wide to max of about 30' and roadways that are only 20' wide and have houses and cars on every lot expect the infill..