Jeff Witherite
Best state for registering a real estate investment company
3 May 2024 | 2 replies
Population is growing aggressively and jobs are moving here especially with major employers like Intel, Google, Amazon, Nationwide, etc.
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
3 May 2024 | 30 replies
I have a W2 job in a high tax bracket, but we are planning on owning Airbnb’s that my wife actively manages along with her working as a real estate agent...Our goal was to have her materially involved so that we could write off potential losses against my W2 income.
Dave Craig
Options for financing the remaining balance after taking over an assumable mortgage
2 May 2024 | 1 reply
I have a good opportunity with an off-market deal that is currently exclusive to me.
Huzaifa Ahmad
Looking for guidance on buying my first property
1 May 2024 | 8 replies
I agree with the other responses so far and will had some info where I can.I am not too familiar with the DC market, but from my understanding there are plenty of high paying jobs there to support rents.
Mohammad Al-hadad
First property, competitive market, any ideas?
3 May 2024 | 9 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Lamar Athill
Best advice for first rental property
4 May 2024 | 18 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Ben Hofstra
Predicting City Growth - What Trends & Data Matter?
2 May 2024 | 7 replies
Hey Ben, target areas with strong job markets, low vacancies, and planned developments for a winning house hack.
Phil Beck
Looking for a new strategy
2 May 2024 | 4 replies
However, I'm determined to find a way forward.I'm particularly interested in real estate investment opportunities, but without access to credit, I'm at a bit of a loss.
Glenn Mangold
Advice for floor plan, FF vs AirBnB. Please help!
4 May 2024 | 14 replies
The layout looks good, having a private entrance and driveway is a plus and it sounds like you've done a great job researching market demand and pricing.
Gregory Jerome
Need help explaining a double escrow!
3 May 2024 | 33 replies
But they do a great job of explaining how to use single source funding (no transactional funding needed), where your cash buyer uses their cash to fund both closings at the same time.