Devin James
Update - Everything Went Wrong
30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
Michael Klinger
Ideas on $25K loan for multi-family working captial?
6 January 2025 | 11 replies
Given that I am self employed, a few personal loan options, did preliminary asking about my situation, and they got lost in the weeds with how my real estate income looks so dismal on tax returns.
Kenneth T.
Had anyone heard of Cogo Capital?
27 January 2025 | 29 replies
I believe they just didn't want to return to cash I paid up front.
Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 replies
But, they will be in challenging parts of town where realistically you do not want to own property and your long-run returns will under-perform.I'd encourage you to find a balance of sub-market growth, nearby employment, strong income, and only then a good rent-to-value ratio.
Ryan Dubendorfer
tenant request for lease addendum
3 January 2025 | 4 replies
Include text so that states what will happen if the new lease isn't signed by landlord and husband such as the return of keys by all parties date.
Sonu Sundar
Dubai real estate investment
27 January 2025 | 35 replies
CAn some one shed me some lights on how foreigner can invest in Duabi, which firms that I can go through, who are reliable and keep my investment safe and able to get some decent returns, and what are the tax consequences for earning potential from outside the country?
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
Basically wanting to pay two years of Real Estate taxes in 2025 and deduct on 2025 Return when filed in 2026.
Daniel Alfandre
Entitlement & Horizontal Development for Multi-family vs Residential Subdivision
28 December 2024 | 1 reply
Does anyone know, or have a good idea, about the difference in returns on entitling & developing the land for each scenario, with final objective to sell to a builder to build and sell the structures him/herself.
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
James Hodges is for sure a millionaire by taking your money & giving nothing in return.
Elizabeth King
Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 replies
Rental income and expenses, such as mortgage interest, property taxes, repairs, and depreciation, can be reported on Schedule E of your personal tax return, regardless of ownership structure.