Emily Wolters
Multi family house hacking.
18 April 2024 | 11 replies
Essentially, it might be more challenging to tackle bigger deals, depending on your own financial circumstances.
William Coet
Multifamily Prices so High that Only Cash Makes Sense, But Why Not Put Cash in CDs?
21 April 2024 | 47 replies
When we invest to CD basically we become the lender (to the goverment/to the people).As cash position now can exceed equity investment (in some circumstances), it's just natural that we invest more into debt/cash than equity.
Hannah Joy
Overextending? Need advice from the old timers
18 April 2024 | 26 replies
How long did it take before you hit a major obstacle or large unforeseen expense that you needed your reserves for?
Kent Smith
To Sell or not to Sell
17 April 2024 | 6 replies
Life circumstances changed and we ended up living out of state and renting it out.
Jason Turgeon
Real Estate Software Roundup (long)
20 April 2024 | 33 replies
And finding just the right software bundle to help in your unique circumstances can be challenging.With so many types of customers, there are a lot of software vendors out there trying to help them (or make a buck off of them).
Alex SImon
Ohio Cashflow LLC
21 April 2024 | 240 replies
You can always buy more later".Over the years I have witnessed many investors getting caught.Some expected over night success by owning 1 property.Others over leveraged and didn't get the desired returns.And the unfortunate ones had unforeseen circumstances occur and had to sell.I am here to warn all of you that unless you are buying to hold long term (As in 5 years or more).You will probably LOOSE MONEY.Yes, you will LOOSE MONEY.It's as simple as that.Also, as much we would love to but the answer is "No".We won't be coming to your rescue anymore like we have done so over the years.Our message to all has always been clear but for whatever reason many have failed to hear it.Before you invest, make sure that you're finances are in great order as I have mentioned above.Make sure that you have conducted mind boggling due diligence on turnkey investing, the market, provider, their properties and the after service they offer.Only invest when you are 100% comfortable and confident in taking the next step.For all that invest with Ohio Cashflow and decide to sell 1-2 years later.Sure, we can help you.But at a cost.We will consider buying the property back from you for dirt cheap just like we would with any other distressed asset.Or we will help you with selling the property for a hefty fee.Why are we so harsh?
Israel Mendiola
US Taxes for foreign investors
16 April 2024 | 4 replies
I can only say that from our 100s of clients in your situation who are helping family in India and Pakistan own in the US, it widely depends what rules and regulations to follow based on your facts and circumstances.
Brandon Morgan
investing out of state
18 April 2024 | 43 replies
@Brandon MorganIf local market circumstances are difficult for you, investing out of state may be a good option.
Kyle Mitchell
How do you guys straddle the definition of investment property and second home?
17 April 2024 | 8 replies
under the right circumstances, you maybe able to get the loan, then place the property in service shortly after and get the best of both worlds.
Gary Adams
Real Estate Investor
16 April 2024 | 7 replies
To have your activity qualify as material participation, you must meet one of the following tests:-Work more than 500 hours in the activity (a married couple can count the involvement of both spouses to meet this test)-Do substantially all the work in the activity-Work more than 100 hours in the activity, and no one else worked more than the taxpayer (including non-owners or employees)-The activity is a significant participation activity and your total time in all significant participation activities exceeds 500 hours-You materially participated in the activity in any five of the prior ten years-You materially participated in a personal service activity for any three prior years-Based on all facts and circumstances, you participate for more than 100 hours in the activity on a regular, continuous or substantial basis during the yearPractically speaking, this means you’re doing the work on your rental properties rather than hiring a property manager.