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8 February 2025 | 49 replies
The information contained in this post is not to be relied upon.
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19 January 2025 | 3 replies
The builder had a given us the paved yard, Granite kitchen top, washer and dryer at added value with no charge.
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16 January 2025 | 23 replies
.- Large remodels or construction projects (Live in Flip) can be self-managed, worked on directly, and the value add, after 2 years, is largely tax free up to certain limits. - Many areas around the country allow for ADU Construction - house-hackers enjoy similar benefits to remodeling projects by being naturally on-site for ADU construction.
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16 January 2025 | 6 replies
Is it better to keep adding equity by doing work on the houses while I'm renting them then refinance to recover the initial down-payment to reinvest into another property or to pay down the heloc?
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9 February 2025 | 2 replies
--AI Analysis----ChatGPT pointed out that the math for Ten flips per year, the text shows$787,500 for Year 2, when it should be $1,012,500, adding that for Year 3, the result should be $4,556,250 as the initial investment should Gemini said this:The math for the "POWER OF FLIPPING Case Study with $50,000" appears to be accurate, based on the information in the source.
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15 January 2025 | 2 replies
Quote from @Dena Sommers: I own a home that is too large to rent - no demand.
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22 January 2025 | 2 replies
I’ll admit the fear of failure and unknown holds me back regardless of goes many articles or reports I read or deals I look at.during this search hundreds and hundreds of ads come through for training/mentorship style groups.
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6 January 2025 | 2 replies
I think they contain solid information and will help lay a good foundation as a beginner (Haha, I'm completely new to real estate as well, btw)I'm also going to be reading the following books, and hopefully I can finish all by the end of this month:1) The ABCs of Property Management2) The Advanced Guide to Real Estate Investing3) Long-Distance Real Estate Investing How to Buy, Rehab, and Manage Out-of-State Rental Properties (this might be the most important one to me personally)4) The Book on Investing in Real Estate with No (and Low) Money DownIn addition to reading, I'm consuming crazy amounts of youtube videos, and I'recommend you do this as well.
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28 January 2025 | 4 replies
However, for every dollar put into the property, a net-new incremental share is added to the share pool; that share is then owned by the giver.
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22 January 2025 | 5 replies
For example, for a 500,000 purchase, the Land Transfer Tax would be approximately 6,475 while if the same house was purchased in the City of Toronto, expect to be charged about 12,950.And as a foreign buyer, a premium would be added: I really don't know the numbers here anymore, consult with a Real Estate lawyer for an estimate here.- Work Permit ?