
21 May 2024 | 0 replies
It is not even an issue of the hours and hours this research takes up.

21 May 2024 | 53 replies
In the commercial & private money world its all fair game and case by case.Use of credit cards to purchase properties to acquire/capture equity, create, cashflow, provide additional tax shield/benefits against your income, and improve your real estate investing venture is definitely one way to go about it but it should not be the sole method since there are risks like many have mentioned above.If you're using business cards (linked to your FEIN - federal employer identification number) and it doesnt report to your personal credit then it might be more prudent credit wise because your Fico scores won't tank when you max a business card out versus a personal credit card (drop of 80-100 fico pts temporarily till you payoff).So with prudent timing (funds seasoning), knowledge of how to maintain your ficos so you still qualify for your cheaper conventional money, and how to use the cards to purchase can definitely expedite your REI journey.Most people I encounter would not have the know how to do it correctly as I see plummeting fico scores, in ability to qualify, and many other issues with using cards to invest on a weekly basis.Best of luck,

22 May 2024 | 13 replies
I keep a capital expenditure account for the big issues, but the rest goes into equity.

19 May 2024 | 25 replies
Also, persuading professional cleaners to log time may pose an issue.
21 May 2024 | 10 replies
The issue imo with DSTs is that you’re buying into a market where a lot of commercial RE is presently priced high, and some is going down in value too.You should do a thorough analysis of the tax impact. 1- definitely try to time sales into two separate tax years2- I’m unclear why you expect 30% cap gain hit.

20 May 2024 | 9 replies
@David Ashworth given Florida's bankruptcy protection laws (please verify with an attorney) you may be better off paying off your primary and max leveraging the investment property for asset protection.

21 May 2024 | 10 replies
(I'd like to be close enough to the property should any issues arise but will have a property manager)Thank you and apologize for all the questions but it's been discouraging to say the least so far.

21 May 2024 | 25 replies
Your only issue is that STR management is costly in Austin, up to 25 percent.

20 May 2024 | 6 replies
The issues I am seeing, especially with newer HOAs make me think that you should almost never buy a rental in an HOA.One HOA in north Texas tried a few years ago to prohibit Section 8 rentals.

20 May 2024 | 2 replies
For your biggest concerns, #2 is really an issue for a contractor to discuss with you.