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9 July 2024 | 6 replies
CA investors like to invest in Reno, NV because the landlord friendly laws, low property taxes, above average appreciation, and the proximity to CA.
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8 July 2024 | 20 replies
I ran an analysis of a performing note at 12% vs. most rentals and the returns on the note were better than a rental.Note that income from notes is no longer taxed at ordinary income based on new tax law.
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7 July 2024 | 28 replies
. - Chris Kersey Thankyou does hemlane make it free for the tenant to pay rent?
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10 July 2024 | 12 replies
Knowing you will close or they will get “free money”.
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8 July 2024 | 29 replies
There are plenty of free services like Credit Karma or Chase Credit Journey to notify you of a change or inquiry on your credit.
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8 July 2024 | 3 replies
I know a few RV park owners who 'pocket' a good percentage of their revenues in cash to keep taxes lowered.
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9 July 2024 | 6 replies
Seller finance deals work when one of the following situations is present1- property can’t be financed with institutional financing usually because property is vacant (commercial property) or in bad condition2- seller will only accept an above market price for the property and by offering seller financing opens the universe of potential buyers to include people who wouldn’t qualify for financing3- seller is able to obtain a “piece of the action” from a buyer rehabbing the property and hence ultimately obtain a higher price.4- the seller has an existing low interest rate mortgage and wants to “wrap” the existing mortgage into a seller financed higher rate mortgage and pocket the differential 5- property is an investment property, seller has a low basis in the property because of depreciation, and wants to spread out the taxes due.Are you thinking of trying to purchase with 100% seller financing, or are you able to /willing to offer a down payment of say 10-20% .
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5 July 2024 | 4 replies
Should I still protest property taxes and use the lower taxes it as an added "benefit" to the new buyer?
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8 July 2024 | 4 replies
Anyone in SOCAL familiar with how to write that off on our taxes?
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9 July 2024 | 6 replies
They also offer potential partnership and more efficient systems than I can offer on Rehabs, management, etc...I love to work with investors, it is the folks that are never going to buy that want hours of advice for free that are the tough ones.