
18 June 2024 | 38 replies
Not before that long it could become more interesting for you than for us here.Now, for us building a portfolio of rentals (and btw also an option for Americans), we avoid this by not doing it as an individual but with a company (SL) and changing it to company tax (first two years 15% and after this 25%) and creatively deduct way more costs.It is true though that this is a good way if your strategy is to reinvest your money time by time building something bigger/passing it along to kids/relatives etc, because when you want to take money out of your company you would need to pay dividend tax or in the form as a salary.

16 June 2024 | 11 replies
Plenty of free options out there to learn the business and get your feet wet and start taking action.

16 June 2024 | 2 replies
We have several different "types" of properties to include traditional single family rentals, one multifamily rental, lease to buy options with tenants who hope to buy from us, two short term rentals, and some agricultural farm land that is cash rent.

15 June 2024 | 5 replies
Option 2: Private LoanIn this option, a promissory note is written for my partner to loan me the down payment amount (20%/$46K) for a 2-5 year term at a 10% interest rate (details are still up for negotiation - are these terms reasonable for this kind of deal?).

16 June 2024 | 8 replies
Once the home is permitted it will significantly open you up to more lending options without any cuts in value or LTV.

16 June 2024 | 16 replies
The buyer definitely owns the property, otherwise it is not owner financing, it is some sort of lease or option or a combination of the two.

15 June 2024 | 17 replies
We ruled out real estate and stock/ERF options.

16 June 2024 | 27 replies
So house hacking isn't really an option for me either.

14 June 2024 | 3 replies
@Forest WuRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.