Shawn Tuma
MF House Hack w/ VA Loan
19 December 2024 | 10 replies
@Shawn Tuma & @Chris KayVery difficult in today's market to cashflow putting 0% down:(5-10 years ago it was possible, but prices have increased faster than rents.Your best bet is to find a property that needs work, but will still pass a VA appraisal/inspection.
Clint Miller
Looking to Start a Construction Project?
5 December 2024 | 2 replies
Quote from @Clint Miller: Anyone here in the community used construction loans to scale their development projects?
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
Somethings it even more expensive than buying a new construction in a class A neighborhood.The turnkey investments are not always the best option for every investor especially if you are just getting started and low on cash or you don't have reserve/emergency funds to deal with issues like maintenance and vacancies.
Muhammad Kashif
Ways to optimize taxes on new investment construction (built for sale)
13 December 2024 | 4 replies
I am considering working with a property developer in NJ to buy land, build a duplex/triplex and sell it (6-9 month time horizon). Is there any creative way to avoid/reduce capital gains tax on the sale ? From what I...
Dwight M.
I bet you've never heard this one before...
5 December 2024 | 1 reply
I have 21 units and have recently formed a Series LLC for all 21 units. That has gone smoothly with the exception of one unit that I have my disabled brother living in. I have placed 50% ownership of that one unit in ...
Vivian Huang
Investing in Tulum, Mexico
12 December 2024 | 49 replies
Hello Scott, developers require a minimum down payment of 30% and the balance in to 9 months in a pre construction condo.
Robert Ok
Does This 2015 Book Still Have Current Info (The Book on Rental Property Investing)
16 December 2024 | 5 replies
For instance, depending on your location insurance costs could be much much higher than indicated in the book, construction costs are a lot higher, etc.
Anna Granofsky
Shared Housing Advice
18 December 2024 | 6 replies
I basically just told them when they moved in that any drama that may arise from them sharing the house is between them and has nothing to do with me (as long as the house/people aren't being physically harmed).If you do end up renting to veterans I think your best bet to ensure everyone gets along is to just make one lease for all 4 bedrooms.
Rae Chris
Advise on first flip, loans, contractors
18 December 2024 | 7 replies
The "fine print" here is fairly sizeable upfront fees and high interest rates, relative to a traditional construction loan from a bank.
Timothy Franklin
First time funding?
11 December 2024 | 8 replies
I think you're best bet for private money is going to be to network at the meetups (Red Stick REI, RING) and on FB/here.