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14 February 2025 | 6 replies
You can gauge this risk by checking state average homeowners insurance rates.Few people live in cities that meet all the above requirements.
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21 February 2025 | 2 replies
In the end, it cancels out any benefit.Loss of Key Homeowner BenefitsIf you sell your home to an LLC or S-Corp, you’ll lose:$250k/$500k capital gains exclusion on selling a primary residence.Homestead exemption on property taxes.Owner-occupied insurance rates, which are cheaper than rental insurance.Substance Over FormIn tax law, the IRS looks at the substance of a transaction, not just the form.
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27 January 2025 | 0 replies
Remember last summer when mortgage rates briefly dipped, and it looked like more homeowners might finally list their properties?
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30 January 2025 | 12 replies
Its pretty awesome (BTW, I am not affiliated with FUB, just a passionate users)You can capture all the homeowner demographics along with associated relationships and information - pictures, files, emails, notes, calls, text, etc.You can have a team number(s) at no addition costs (we use it to lead generate for different states and can be configured to round-robin.
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17 February 2025 | 7 replies
I think this is a calculation a lot of homeowners are making right now--especially if they have a low interest mortgage, equity, and their house will cashflow as a rental.The choice is a personal one of course, but I think your future self will thank you if you pull out some equity from your existing home with a HELOC for the downpayment on the next house and a cushion renting your current home, use a property manager as you have other things to do, and buy the next house and do the same thing again.
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6 February 2025 | 15 replies
The fact that not only home owners but investors are still going that route amazes me.
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27 January 2025 | 12 replies
Just decided to get back into retail real estate too so, back helping fellow investors and Home Owners acquire property along with my own projects this should be fun lol.
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31 January 2025 | 2 replies
A homeowner I worked with wanted to remove a load-bearing wall to create an open-concept kitchen.
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28 January 2025 | 6 replies
I actually like them because the homeowners' association (HOA) usually covers most of the insurance, and there is very little maintenance required.
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25 January 2025 | 2 replies
Quote from @Jimmy Rojas: Through loopholes there are many home owners that are illegal immigrants, if they get deported , what will happen to their homes?