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12 January 2025 | 28 replies
There is a distinct difference in the law between short term and long term rentals.
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15 January 2025 | 3 replies
If you aren't paying cash and are doing owner occupancy you may be able to use FHA instead of Conventional with a higher down payment.
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12 January 2025 | 3 replies
Higher-quality areas attract tenants who are more reliable and tend to take better care of the property.
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13 January 2025 | 14 replies
Also, you could consider buying something with "hard money"; this comes at a higher interest rate, but you might be able to get into a property and either flip it or refinance it.
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16 January 2025 | 0 replies
Investing in features like high-end appliances and modern designs yielded a higher ROI.
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22 January 2025 | 10 replies
Being a real estate professional allows you to treat the income as non-passive, allowing higher high income tax payers to pay less in taxes.
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4 February 2025 | 87 replies
We wouldn't get as much money but the rate of return may be just as high or higher if we are able to keep the closing costs low.2.
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16 January 2025 | 1 reply
In general, the higher valuation properties with views or close proximity to water have higher rates of returns.
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14 January 2025 | 5 replies
Additionally, your brother would inherit your cost basis for the gifted portion, potentially leading to higher capital gains taxes if he sells later.
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15 January 2025 | 9 replies
Very happy with them overall, but the costs/fees can be higher than others (but he said the funding was very competitive/consistent).