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30 January 2025 | 8 replies
Hello BP, I’m writing this post for all the rookies (myself included) I think it will be very helpful for anyone who is getting started.
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23 January 2025 | 3 replies
Retain proof of that notice and make sure you include the new tenants right forms required by the city now.
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20 February 2025 | 23 replies
I live in a VHCOL area in Colorado in the mountains (~3.5 Hours from Denver) and single/multifamily homes in this area are extremely expensive.Things I am currently considering to get started include house hacking, STR, and real estate syndications.
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28 January 2025 | 15 replies
Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.
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24 January 2025 | 10 replies
It seems like it "should be" good with some good features for the price (specifically I'm looking for an easy way to sync pricing across platforms including my website).
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23 January 2025 | 6 replies
Include a sweet outdoor area maybe with a pergola, jacuzzi feature.
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28 January 2025 | 10 replies
Do everything right: To include but not limited to pro photos, professional quality design, durable furnishings.
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24 January 2025 | 11 replies
@Jonathan B.Assuming you pass the "material participation" test for 2023 and did not use the property yourself (or used very little), you should be able to treat it as an STR for 2023, including bonus depreciation.
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7 February 2025 | 12 replies
@Keetaek Hong I have a lot of clients who are facing the same challenges but they understand the long game and that it's imperative to build a portfolio, With that lowered interest rate I mentioned you are looking at 30% down and including PM fees will typically have you around break even or barely positively cash flowing.
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20 January 2025 | 31 replies
I'm looking to get their "package" which includes a Holding company, LLC Subsidiary, Corporate Financial Program and an Estate Plan.