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21 August 2024 | 2 replies
Hey all wondering if anyone has any specific method especially for a newbie for doorknocking to find off market leads.
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21 August 2024 | 8 replies
After about 3 weeks of researching STR strategies, a few lake markets in MO and AR, and taking a hard look at our current finances, I contacted a few agents in the area to get started.
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16 August 2024 | 2 replies
We are now in Q3, and it is a good time to check in on the Las Vegas investment market's performance for the first half.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).How’s the Market Doing in 2024?
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21 August 2024 | 6 replies
I see no reason that I would expect poway or Mira mesa to out perform the general San Diego market.
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17 August 2024 | 7 replies
@Khayla WilliamsI strongly recommend against borrowing 100% for a propertyThere is significant risk in owning real estate including section 8 and maintaining the home in a certain condition and if you do t have the funds for those repairs you could lose it all.I always recommend people budget and save enough for a down payment and reserves before getting into their first property.
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22 August 2024 | 2 replies
(b) Required Documentation (i) Limited or No History of Rental Income Where the Borrower does not have a history of Rental Income for the Property since the previous tax filing, including Property being vacated by the Borrower, the Mortgagee must obtain an appraisal evidencing market rent and that the Borrower has at least 25% equity in the Property.
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21 August 2024 | 6 replies
Over the next year or so, I plan to learn as much as possible while also connecting with people in my area to gain a better understanding of the market and opportunities.
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22 August 2024 | 7 replies
Make sure to keep records of your efforts to market the property for rental to demonstrate this to the IRS.
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22 August 2024 | 8 replies
This means your children would inherit the properties at their fair market value at the time of your passing, minimizing or eliminating capital gains taxes if they decide to sell.
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21 August 2024 | 9 replies
Focus on markets they’re in to make dispo easier