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24 January 2025 | 0 replies
Additionally, I wanted to begin using properties to pull equity to go towards buying more.
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1 February 2025 | 4 replies
States Can Still Require Additional FilingsEven though 506(b) offerings are exempt from state registration, individual states can still require notice filings and fees.
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7 January 2025 | 3 replies
If you sell a property, and do a 1031 exchange with the proceeds, but don't need all the proceeds for the down payment of the next property, are you taxed on the additional profit that isn't part of the exchange?
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29 January 2025 | 10 replies
Additionally, the beach is still within reach...just a short 1 hour flight or 6 hour drive.
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12 January 2025 | 54 replies
Great use of space and provides additional income to offset the monthly payment.Orlando, and many other cities, have a "missing middle" problem in regards to housing.
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27 January 2025 | 8 replies
Feel free to private message me with any additional questions.
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29 January 2025 | 3 replies
You're also able to work with the utility company to install an additional meter.
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24 January 2025 | 0 replies
A local real estate lawyer or translator can ensure you fully understand the terms and conditions of the purchase.Other Costs to Consider- Closing Costs: In addition to your down payment, expect to pay an additional 8-12% of the property price for:- Notary Fees: Around 1-2% of the purchase price.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
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26 February 2025 | 19 replies
Additionally, they should have access to on-market, off-market, and pocket listing investment deals just for you!
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24 February 2025 | 26 replies
Long term goal is Property Appreciation.Brand new single family home with 3000sqft (+ additional 1200sqft unfinished basement) on a 0.25 acre lot.