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16 July 2024 | 12 replies
To my knowledge, noone in their right mind would lend money for an emd unless they are getting an equity position in the deal.
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15 July 2024 | 17 replies
I work full-time as a CPA audit manager at a Big 4 public accounting firm, and in my free time I would love to help and learn from an experienced investor with strategies similar to what I’m interested in (appreciation, single family (potential multi family), mid-term rental (potential short-term)).Open to any advice as well on how to make my first leap into actual investing!
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13 July 2024 | 8 replies
As I look ahead to the next 5 to 10 years, I’m at a crossroads and could really use some advice from this knowledgeable community.I have two potential paths I’m considering:1.Continue Focusing on Short-Term Rentals (STR):•My plan is to shift towards mid- to high-end vacation rentals with unique characteristics.
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15 July 2024 | 11 replies
Feel free to reach out directly if you want to talk anything through.
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15 July 2024 | 65 replies
But not trying to go that legal route but they want a full years of free rent about 30K smh!
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16 July 2024 | 7 replies
Thanks, appreciate it Feel free to use your thread as a sounding board.
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16 July 2024 | 3 replies
- Total 6 yrs i.e 4 yrs (75% was rental and 25% primary) + 2yrs (100% primary)- $300k capital gain / 6yrs is the net gain per yr - $200K for 4 rental yrs + $100k for 2 primary yrs- So $150k (75% of $200k) is taxable and the remaining $50K (i.e 25 % primary) + $100K (2 yrs 100% primary) i.e $150k in total will be tax-free?
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16 July 2024 | 12 replies
Michael - I'm free to connect anytime today
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16 July 2024 | 6 replies
Going pay some medical debt and I’ll be debt free.
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17 July 2024 | 32 replies
The only reason I didn't move foreword is because I was trying to build a multi family to house hack - they will only finance SFRs.Hope this helps, feel free to contact me regarding details.