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9 August 2024 | 2 replies
Hello Paul,I think you need to look into the world of DSCR Rental loans, most of these loans are set up on 30 Fixed rates, you can also do hybrid Interest only loans as well.
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6 August 2024 | 49 replies
I am especially interested in knowing how much capital it takes to get entitlements organized, etc.
5 August 2024 | 11 replies
I am not sure the exact process in Michigan, but I would not use the property management company to file the eviction.
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3 August 2024 | 28 replies
$3,000 for a personal return (filing single) and 6 properties (no LLC or Corp) does not seem reasonable.
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6 August 2024 | 28 replies
They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck
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10 August 2024 | 12 replies
I know there is other software out there that can be utilized as well but after research, I landed in Hemlane.
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4 August 2024 | 30 replies
Also, a Bk filing might be in bad faith if the sole reason for it is to delay the foreclosure.
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8 August 2024 | 2 replies
Hello all,Business is going well, and most of you know me as an investor focused Realtor in Omaha and in the next couple months I have the amazing opportunity to scale that business exponentially as the Acquisitions Director for an amazing Real Estate Company (more info to publish later) but I am actually seeking recommendations for a good real estate tax professional who serves the Omaha area.Basically I am already formed as S Corp but I am forming an LLC (potentially under my S Corp) with myself and the contractors I work hand in hand with to renovate properties with the intent of serving under one "legal" roof when we assist investors in finding and renovating properties for investors and want to make sure we set ourselves up as strong as possible.Any recommendations?
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9 August 2024 | 2 replies
However, with a 5% down conventional loan, there isn't a strict limit on the number of properties you can acquire, as long as you meet the lender's criteria.One strategy I've seen work well is using the FHA loan to buy your first multi-unit property, live in one unit, and rent out the others.
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5 August 2024 | 9 replies
We are looking fir a way to manage in-house financing as well.