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11 December 2024 | 6 replies
In short: rents and cash flow have not caught up with the rising interest rates since 2022.
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15 November 2024 | 2 replies
The focus of government policy (regardless of how local) should be on addressing fundamental friction.
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11 December 2024 | 8 replies
New update:I joined 7Figure Flipping through the Runway Program.
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19 November 2024 | 12 replies
While these losses won’t immediately offset W2 income without REPS, they can be carried forward to offset future rental income or capital gains when you sell the property, lowering your tax burden long-term.This post does not create a CPA-Client relationship.
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11 December 2024 | 4 replies
Limiting issues and liability is the goal.
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11 December 2024 | 11 replies
I feel like that has to be rare.Happy to connect with investors in the DMV and beyond.
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14 December 2024 | 2 replies
Hi all,I tried Magicplan and found that it could not create a floorplan using my Android tablet's sensors as advertised and it's room-focused approach made doing a manual plan very difficult.So I thought I'd see if anybody has any recommendations.. here's my wish list:1) runs on android2) can either: scan walls to create a floor plan as I walk through a property, OR, allows me to enter in exterior walls, fix them in place, and then add rooms within either as walls or objects.Bonus:3) can send the plan to something that runs on Windows for further editingI'm looking forward to whatever you got!
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11 December 2024 | 6 replies
Remember this: the answer is ALWAYS no when you ask.Having said that, I've been able to get several seller finance deals.You need to have a motivated seller who doesn't need the money at sale.
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17 November 2024 | 30 replies
However, you may have to put these losses on layway due to the Passive Activity Loss (PAL) rules which are also addressed in my post.3.
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11 December 2024 | 2 replies
Also, the total acreage of the property would be needed as there can be acreage limits for DSCR loans.