Frank James Batignani
LLC Formation for Real estate Investing
20 February 2024 | 4 replies
The first year set up is over $13,000 in my situation with Anderson and yearly fees after that.
Marie Martin
Commission for all-in-one Property Manager under broker
20 February 2024 | 11 replies
I’m an experienced property manager/licensed real estate agent trying to develop a proposal for my management fees for starting an STR branch for a big name agency.
Kantcho Traykov
Seller Finance Deal- good deal or not? Please help, appreciate your thoughts!
20 February 2024 | 6 replies
And he is also charging a 1 time yearly fee of $300 for sharing his well.
Rhonda Wenck
Our first investment - a vacation rental?
20 February 2024 | 6 replies
Managing it from a distance, even with family and military commitments, might have some challenges like property management fees and unexpected repairs, but there are ways to make it work.
Francisco Avellan
Capital Gains Tax Avoidance
20 February 2024 | 11 replies
Hold on for the long term.One of the biggest deciding factors in how much you may owe in capital gains taxes is how long you hold those investments. 3.
Mohit Datta
Makes no sense to rent it out. Or does it?
19 February 2024 | 4 replies
While the potential rental income of 4K is noteworthy, it's essential to consider various factors.The local real estate market conditions, property management costs, and potential maintenance expenses should be factored in.Additionally, evaluating investment alternatives like the stock market is prudent.Renting out a property can offer long-term benefits, but careful financial analysis is crucial to determine if it aligns with your overall investment strategy and goals.
Bauclair Mbouadeu
First investment, two major repairs needed
19 February 2024 | 16 replies
Was the old roof factored into the $626K price (ie is a similar unit with a new roof $10K more?
Sean York
Flex Space Development
20 February 2024 | 13 replies
, permit fees, engineering fees, road costs, utilities to the front entrance, soil tests etc.
Torianne Baley
100% Financing Experience
19 February 2024 | 6 replies
The only known situations where I was ever required to pay a loan fee upfront before funding is with my commercial lenders (banks, credit unions, etc.) on our 5+ units.
Mario J Perez
Looking for help with DSCR Loans
20 February 2024 | 6 replies
Hey @Mario J PerezAdvantages - Processing time, underwriting conditions, paperwork requirements, not impacting debt-to-income and/or personal credit, can own many and close in entities reducing personal liability (to name a few).Disadvantages - Rates tend to be a tick higher (less and less these days) and fees will be a few thousand more per deal, can be very regional, higher appraisal costs usually (based on the need for a 1007 rent market analysis on every one), can have weird underwriting conditions (lender specific)30,000 foot view at it, but the entity/personal credit side of things make DSCR loans really helpful as you start to scale, and especially if you are doing any personal borrowing for personal homes, cars, etc.Hope that helps!