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21 April 2024 | 6 replies
Feel free to reach out if you have any questions!
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21 April 2024 | 22 replies
I’m completely hands off, headache free.
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21 April 2024 | 6 replies
Feel free to reach out, my info is in the profile here.
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21 April 2024 | 17 replies
Now it's apartments.com and I'm up to 6 units on there, works perfectly fine and it's free.
19 April 2024 | 1 reply
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for. You can build a very strong portfolio, if you take proper precautions.
Subject To P...
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20 April 2024 | 0 replies
Domicile: WA State (income tax free)Property location (Texas): (income tax free)LT gains + Depreciation recapture ~ $300k on a $500k income property ~effective / average tax rate = 12% for past umpteen yrs (relatively low income, avoiding IRMAA and doing Roth rolls (no 'realized' income, just transferring from tIRA to Roth = vast majority of annual MAGI income)In the end (coming soon, ~17 yrs) ALL remaining estate will go to charities / Charitable Foundation / DAF.
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19 April 2024 | 5 replies
This is generally due to the fact that this is how the American housing giants – Fannie Mae and Freddie Mac – government-sponsored agencies, separate their loan programs.Note that this is another example of where real estate “lingo” doesn’t always match with the standard English Language!
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22 April 2024 | 22 replies
I could get behind you taking on a live in flip because the downside risk is fairly limited (it's a place for you to live if things go sideways, and you can take 2 years to slowly do all the work and reap the tax free gain).The way that you get killed in real estate is by running out of cash and/or being a forced seller.
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21 April 2024 | 9 replies
Feel free to message me if you have any questions about it.
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21 April 2024 | 5 replies
Just because you don't call it "interest" doesn't mean it's an interest-free purchase.If they are incapable of getting financing through a bank, that indicates they are high-risk.