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14 January 2025 | 9 replies
This is the “over night” success that’s taken 20 years.2 - Superior uncommon knowledge, combined with experience and capital and a willingness to take a risk (speculate).
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12 January 2025 | 7 replies
They can sometimes be more open to funding niche investments like mobile home parks, especially when you’ve got proven cash flow and a solid plan.Another option could be talking to your uncle about seller financing.
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15 January 2025 | 7 replies
These are professionals with additional training and a stricter code of ethics.
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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 ?
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15 January 2025 | 27 replies
I love working with their agents and financing team, yes, they are not the cheapest one but I've found good deals with them ( since then I bought more properties) and a good deal it's all you need.
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16 January 2025 | 13 replies
This is the first time I've heard of such a thing as a land swap, especially between a municipality and a private entity.
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12 January 2025 | 3 replies
McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.
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12 January 2025 | 2 replies
I've calculated the lump sum costs to be $9,500 for buy and sell combined and a monthly reduction in cashflow of $347 due to the new loan and taxes.
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18 January 2025 | 8 replies
@Alex Houser You need more numbers and a proper inspection to justify the price.
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19 January 2025 | 42 replies
You can choose to report your income and expenses on Schedule C by electing to file as a Qualified Joint Venture instead of filing a partnership return.If you have created an LLC that is not in a community property state, and as husband-wife you are the only members, then you are a partnership and must file a partnership tax return unless you have elected to treat your LLC as a corporation for tax purposes.If you have created an LLC in a community property state, and husband-wife are the only members, then you are a partnership and must file a partnership tax return unless you have elected to treat your LLC as a disregarded entity or corporation for tax purposes.