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28 January 2025 | 6 replies
If you are taking out a conventional mortgage of any kind, you can't buy in the LLC as it does not have two years of tax returns.You are also asking if an entire state is good to buy multifamily, which means you are too soon in the process to even talk about buying.
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20 February 2025 | 2 replies
Connecting with experienced professionals is a great way to learn and build valuable relationships.
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25 January 2025 | 5 replies
Wanted to still be close to family but maintain a cheaper lifestyle, still have strong appreciation, and much better tenant/landlord laws, taxes, etc.
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7 February 2025 | 6 replies
I'm an investor in the Austin, TX area and I'm here to build relationships and work on deals.
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20 February 2025 | 1 reply
Building a solid team (agent, property manager, lender) is key.
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22 January 2025 | 8 replies
@Jacob HavlovickCongrats on purchasing your first duplex and starting your house-hacking journey—this is a huge step toward building wealth!
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19 February 2025 | 5 replies
All the best to you during your last semester.Househacking is one of the most common routes for new investors in NY.For best returns, I'd recommend focusing on South and Southeast Queens, Central and Southeast Brooklyn, and the Bronx.There are parts of the suburbs (Westchester and Long Island) that have househack opportunities but the property taxes are higher and the commute time to NYC is longer.Abel
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24 February 2025 | 1 reply
To determine a realistic and justifiable ARV for this property with a 4,000 sq. ft. luxury home, I analyzed comparable sales close by in Jamestown, RI, focusing on price per square foot and property characteristics.Step 1: Identifying Comparable SalesI selected six high-end waterfront properties in Jamestown that share similar lot sizes, locations, and luxury build quality.
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25 February 2025 | 1 reply
Lessee is responsible for all STR taxes.
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6 February 2025 | 3 replies
The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.