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8 October 2024 | 36 replies
It's a risk you run on the anonymity side, however, if someone looks up the address now, do they not see your name?
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7 October 2024 | 2 replies
While these alternatives may come with higher interest rates, the flexibility they offer such as faster closings and more lenient terms often outweighs the upfront costs, especially in fast-moving markets.For example, hard money loans can give you the ability to close quickly on distressed properties, which traditional banks may take too long to approve.
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11 October 2024 | 4 replies
My tenant called me up 10/09 to announce she is moving out on 11/8 and giving 30 days notice.I had a yearlong lease in place, and when it was up for renewal, I reached out by text “were you planning to renew your lease”, and she texted back “we love it here and want to renew the lease”.
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11 October 2024 | 10 replies
We use https://www.advantaira.com/I ended up taking all the funds from my IRA accounts, paid the 10% penalty, and with Cost Seg and Real Estate Pro status, was able to avoid paying taxes.
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13 October 2024 | 11 replies
He ended up pairing his syndication investment with a small rental property purchase that allowed him to maximize his REP hours, which made a big diference at tax time.It’s a bit complex, so I’d recommend chatting with your CPA to see if you can group your real estate activities or find an alternative way to leverage those passive losses.
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8 October 2024 | 8 replies
The lead came through one of our absentee equity mailing lists, and after meeting with him, we locked up the deal.
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11 October 2024 | 3 replies
I'd follow up with an accountant.
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11 October 2024 | 4 replies
https://www.biggerpockets.com/blog/what-documents-do-you-nee...BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?
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6 October 2024 | 1 reply
Purchase price: $320,000 Cash invested: $90,000We bought this property off market from a wholesaler what first started out as a partial renovation ended up being a full renovation.
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2 October 2024 | 1 reply
The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.