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1 April 2021 | 5 replies
No state tax, beaches, weather, theme parks...the list is endless.I would be happy to talk thru your strategies and hesitations on the market here.
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31 March 2021 | 5 replies
@Landon JonesYou are in a unique position either way you choose to pursue this.
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27 April 2021 | 1 reply
They only allow a borrower to have a maximum of 3 investor loans so we'll need to refi one of our 3 loans with them in order to continue making purchases with their unique loan products.
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1 April 2021 | 11 replies
I worked for 3 years in Boston as a rental agent and have seen way too many unique problems with older homes.
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9 April 2021 | 5 replies
Find a theme for your decor and stick with it.
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31 March 2021 | 4 replies
So maybe if you setup a separate company to manage the property, and that company were to have an extremely unique name that when googled led right to your website, that could be a totally legal approach.Why don't you use the listing sites for what they are meant for, then try to market direct to those customers that have already stayed with you without incident for their repeat business?
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3 April 2021 | 24 replies
You have a unique plan which I wrote down and plan to do.
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3 May 2021 | 12 replies
I understand the difference between passive investor, active investor, and real estate professional in the eyes of the IRS, but does investing using an LLC give unique tax advantages too?
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2 April 2021 | 3 replies
$3,200 Costs Gross Income CAP RATE 10.73% 9% YES Mortgage, taxes, insurance and utilities $2,040.44 $38,400.00 CACROI 7.97% 10% NO maintenance and capex $ 640.00 20.0% break even point in months 75 60 NO vacancy $ 320.00 10% NOI $ 199.56 $500 NO down payment $ 12,525.00 5% Tax liability $ (6,714.40) $ - YES Fees $ 2,505.00 1.0% Annual Net Income $ 4,073.29 Cost of Capital Improvements $ 15,000.00 Monthly Profit $ 199.56 1793 TAX Money REVERSE VALUE 21516 Net Income $ 32,627.19 $362,524.30 172128 Depreciation Expense $ 9,109.09 Projected Taxable Income $ (6,714.40) Item Cost Tax rate 1.81% Roof $ 15,000.00 Estimate Mortgage Interest rate 3.25% Payment $1,035.68 Period in years 30 PMI $ 106.69 Taxes $ 377.84 Insurance $ 103.23 Total $2,040.44 Utilities $417 DEAL 2Deal 2 is a commercial property that in a well loved local neighborhood where renovations and flips are very hot.it requires some work to turn it into a duplex but its location is great and architecture very unique.
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14 April 2021 | 23 replies
Not worth the aggravation for sure.this. everyone who sees this, please fill that survey out so we can get the old theme/format back or at least something more functional than the current mess. several other threads regarding this debacle:how do you switch back to the old format this facebook look sucks (biggerpockets.com) says Jay posted two hours ago in my "followed" threads, but my post is the last one there.