Chris Ke
200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
Quote from @Brian Burke: @Chris Seveney when I started my lending company with two partners our aim was to go from $0 to $2.5M per month.
Brandon Stelling
Military Vet investors 100% disability benifits
20 January 2025 | 7 replies
If that payment is low, then you will probably need to aim for a duplex/triplex/quadplex you can get into with your VA loan and go from there.
Christopher Hu
First Rental Property listing questions
27 January 2025 | 4 replies
Tenants will set up insurance, show you proof, then cancel their policy right after moving in.
Anderson S.
Stay Ahead of the Curve: Navigating Rental Market Regulations
22 January 2025 | 0 replies
Being proactive ensures you’re always a step ahead, minimizing risks and keeping your business running smoothly.Example: Imagine you implement an outdated tenant screening policy that inadvertently violates a new anti-discrimination law.
Tio Sam
How to choose a design?
28 January 2025 | 12 replies
Design happens to be one of my passions, and I’d love to help you brainstorm ideas or suggest some cost-effective design solutions that could work for your project.If you’d like, feel free to share some details about the style you’re aiming for or any preferences you have.
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
28 January 2025 | 20 replies
It might have been bound but many insurance companies have put those new policies on hold if the purchase has not happened due to the disaster and letting the mortgagee(lender) know that the policy is on hold.
Clarase Mika
Why Americans Should Be Investing in German Real Estate: An In-Depth White Paper
24 January 2025 | 0 replies
Germany's resilience to global financial crises and its strong fiscal policies create a favorable environment for real estate investment.Moreover, interest rates in Germany remain at historically low levels, largely due to the European Central Bank's monetary policies.
Chris M.
Questions about putting property into an LLC for asset protection
18 January 2025 | 3 replies
Until you have $1 million or more in equity and really understand how to use an LLC, I recommend you just buy an umbrella insurance policy for $1 million.
Tyler Kesling
HELOC / Lease to Own
13 January 2025 | 2 replies
Aim for a mortgage amount that clears the remaining HELOC balance ($68K) and leaves room for any additional costs.