Gino Cerrone
Any advise for an aspiring 19yr old
29 March 2024 | 13 replies
I learned a lot of about seeking out potential properties and financial analysis.
Danay Ramirez
Foreign individual direct ownership
29 March 2024 | 1 reply
This withholding is an estimated tax on your potential capital gain taxes.Estate and gift taxes: If a foreign investor buys U.S. real estate under their name, the real estate property will be subject to U.S. estate tax upon the death of the foreign investor.
Jorge Vazquez
My favorite areas in Tampa....What are you?
28 March 2024 | 1 reply
You can find a lot of opportunities in the Sunshine State, whether it's the vibrant atmosphere of Seminole Heights in Tampa, the undeveloped potential of East Tampa, the budget-friendly options in Clair-Mel, the urban cool and community warmth of South St.
Horacio Gutierrez
Capital gains taxes on sell property
29 March 2024 | 8 replies
It's a key strategy for homeowners to consider when planning their sale and assessing their potential tax implications.
Jordan Fujan
DSCR loans BRRR
28 March 2024 | 20 replies
Commonly, these proceeds are used for further real estate investment or costs related to the borrower’s real estate business and strictly can‘t be used for personal uses, such as paying off personal credit cards or any nonbusiness expense.DSCR loans are “primarily based on the property,” meaning that the lender evaluates and qualifies the deal mostly but not completely based on the property’s investment potential.
Daniel Hwang
How do I leverage against my current property?
29 March 2024 | 6 replies
I personally recommend that if you have good debt on the first one to take a heloc, and if your debt is meh to potentially look into cashout refi’ing on the 1st building and keeping your eyes open for the next opportunity :) Analyze both accordingly and talk to your lender as well as other investors to get their thoughts!
Zach Edelman
Underwriting Calculator for Midwest BRRRRs
29 March 2024 | 2 replies
Something I want to do, is a potential BRRRR on an SFR or 2-4 unit in the Midwest.
Kadia Lawrence
What to honor for changed rent ad?
27 March 2024 | 6 replies
If you're charging an application fee, expect to get pushback from tenants if you change the terms after they pay it.
Paul Meiners
Financing options or moves to make for repairing 1st primary/rental
29 March 2024 | 1 reply
However, it would provide us with the necessary funds for the repairs and potentially a down payment on another property.
Eric W.
Finding deals that justify pulling from HYSA
29 March 2024 | 7 replies
I’ve been searching in the Sherman/abilene areas for potentially starting out.