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3 February 2025 | 25 replies
I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up for one unit.
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18 February 2025 | 4 replies
If it were me, I would pay her her half of the equity and do a refinance.
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10 February 2025 | 1 reply
•If jobless claims rise (above 240,000): Higher unemployment could push the Fed to act sooner, improving the chances of lower rates in the second half of the year.How This Data Could Impact Real Estate InvestorsScenario 1: High Inflation and Low Jobless ClaimsA combination of sticky inflation and a strong job market would reinforce the Fed’s stance that rates need to remain elevated.
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10 February 2025 | 6 replies
Or sell using the 1031 exchange along with a partial 121 primary residence exemption There is a way you could take advantage of the 121 primary residence exclusion allowing you to take the first $250k of the gain tax free ($500k if married) and qualify for a 1031 exchange.Say you purchase a property as your primary residence (house hack extra rooms for extra income) and lived there for two years while stationed there.
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11 February 2025 | 18 replies
There is usually extra charges on closing to pay for that service… but it is minimal.All the best!
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9 February 2025 | 1 reply
I’m a DIYer who is really needing an extra set of hands for most things.
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7 February 2025 | 0 replies
We now live in Arizona and I frequently fly back to the southeast to repair or inspect the properties and already deduct the travel, lodging, and half of the meal expenses from my taxes.
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20 January 2025 | 7 replies
.: I think you made a mistake.Yes, you get extra money.
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14 February 2025 | 1 reply
That’s your home mortgage interest as well as property tax and insurance for 2nd half of the year.
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12 February 2025 | 17 replies
Congrats and knock out that extra debt you accumulated so you can save up for STR #2!