Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
14 January 2025 | 7 replies
For example, you could create a weighted structure where a percentage of profits is based on cash contributions, and another portion compensates for rehab or management efforts.Rent Payments and Tax-Free Profits:If you structure it as an owner-occupied property, the rent you pay could be shared proportionally, but tax-free gains on resale may only apply to your share, as you’d be the owner-occupant.
Pawan Gupta
Has anyone worked with Mynd.co?
14 January 2025 | 2 replies
Basically they'll come up with reasons as to why the "guarantee" doesn't apply to your situation.
Sam Robbins
Advice for rental in HPR
8 January 2025 | 6 replies
It’s in pretty good shape at this point, rentable.I travel a lot for work, and a friend gave me the idea to do a short term rental as a one bedroom, locking all of my stuff in the other bedroom and office - I applied today and was denied because I don’t own both sides of my HPR, even though I have written permission from the owner of the other half….
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.
Austin Tess
Questions about refi
29 December 2024 | 8 replies
I just bought my first investment property and I'm already looking out a year from now to start applying BRRR.
Brandon Morgan
high utility costs for tenants, non compliance, not sure what to do.
9 January 2025 | 3 replies
i told them to apply to programs that are available to help with electric bill.
Jorge Abreu
Key Takeaways for You to Turn Your Multifamily Real Estate Dreams Into Reality:
9 January 2025 | 0 replies
Success in real estate requires courage, perseverance, and the willingness to take calculated risks.Internalize these principles and apply them in your real estate endeavors, and you will be on your path to success.
Dean Sexton
New to real estate investing. Quick question
14 January 2025 | 4 replies
I think the same applies here.
Kenny Bao
Advice on Off-Market Apartment Strategies
14 January 2025 | 3 replies
Same principles apply - being busy will create opportunity.
Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
If you’ve yet to build up substantial credit in the U.S. you can apply for foreign national specific loans that don’t take credit history into consideration when qualifying as in some circumstances you can get better rates and terms applying as a FN when your U.S. based credit history is in it’s infancy.