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19 March 2024 | 2 replies
I don’t have cash for the down payment so what you just said is something similar I had in my thoughts.
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17 March 2024 | 29 replies
I thought I could do this OOS.
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19 March 2024 | 2 replies
After ten years compounding at 5% that amount would be worth $1,348,602, which would really be $1,256,344 after accounting for LTCG @ 15% (1,348,602-733,500 * .15).Final amount for condo conversion: $1,256,344Pros: After money is reinvested, passive incomeCons: Taxed twice, once on sale, once when investments are sold, no real control over money once investedScenario 2: 10 year holdI pasted my numbers at the bottom of this post so it's easier to see, but my thought process was as follows:1) Calculate value based on reasonable appreciation trends, plus cash flow.
20 March 2024 | 11 replies
The 2nd thought, "did they use Molly Maids", or some similar service?
18 March 2024 | 3 replies
Be sincere, willing to help, and receptive to picking up tips from other real estate professionals.Remember that networking is a two-way street, so you should also be prepared to help and provide value to others.
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19 March 2024 | 8 replies
Thoughts on seeing the new builds through to a decision or signing now and pay for their expertise and assistance through the process.
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19 March 2024 | 3 replies
You pay him however you want check or you can use unit rents.Have you thought about just getting an approval for a mortgage and not use the seller?
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19 March 2024 | 11 replies
The other obvious benefit is clean living and sustainability :) Let me know your thoughts!
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19 March 2024 | 10 replies
Just my thoughts, asking outsiders from all different markets with different experiences wont give you the exact answer you’re looking for.