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11 October 2024 | 5 replies
While I haven't invested with them, I've known them and worked with them since their respective inceptions.You might also want to check out Sunrise Multifamily who recently acquired one of Whitehaven's properties.
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10 October 2024 | 4 replies
So far I've discovered that we will need to acquire multiple permits and an STR license in order to legally list our property as an STR in the Baraboo, WI area.
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5 October 2024 | 2 replies
Good afternoon allJust for general discussion.....and I know there is a lot of information not given....I was discussing with several colleagues at a recent investor meet up, on their thoughts on best practice/method to acquire another property management company in our geographic location.We were approached by another management company who's owner wanted to retire and presented us with an offer.Original discussions with the other management company(seller) had them wanting a one time payout, say $100,000.
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9 October 2024 | 8 replies
I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.My long-term goal is to acquire enough rental properties to secure my financial future.
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10 October 2024 | 3 replies
They often cost less to acquire than other types of real estate, yet they can yield similar or even higher profits.
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5 October 2024 | 2 replies
I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over time, as each joint tenant passed away, leaving 1 sole tenant who gained full ownership by rights of survivorship.I've gotten differing opinions from different professionals and am trying to understand the calculation of the basis and the final capital gains tax that would be due myself so I can spot bad advice and understand deals.Assumptions:A condominiumNo depreciation has ever been taken by any owner.No 1031 exchange.No expenses or improvements.
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10 October 2024 | 6 replies
You can put a little as 5% down payment for conventional or 3.5% for FHA.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.
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9 October 2024 | 2 replies
I'm very interested in exploring innovative financing strategies to acquire and manage properties.
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9 October 2024 | 12 replies
The BRRR strategy is interesting since I do have breaks in my job that would allow me to oversee the rehab process, but are there other more passive ways to acquire and own real estate?
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11 October 2024 | 13 replies
I'm only at 2 properties as well, so it's a bit overkill for me, but I'd rather have the systems in place now than scramble once I acquire more units.I pay for BP Pro, so I created accounts for the free sponsored platforms they have.