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5 October 2024 | 0 replies
Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!
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3 October 2024 | 4 replies
That all adds up to home prices increasing well into 2025 and 2026.If you refinance now you are going to get a better rate verus a HELOC for example.
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1 October 2024 | 2 replies
General investing real estate groups, meet up, and facebook groups are good as well.
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4 October 2024 | 17 replies
Want to feel more prepared the next time I step into a dangerous place like the one I saw today.
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30 September 2024 | 10 replies
Go for bigger deals. 47 units will likely not support full time PM or maintenance.
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5 October 2024 | 2 replies
So, your strategy of a downstroke and then payouts over time make sense.Obviously, the seller would like 100% cash upfront, but those days are gone!
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1 October 2024 | 8 replies
And the 30% ratio does not work well in extremely low income area, you need to assess closer to 20 or 25% of income.
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7 October 2024 | 20 replies
Especially given the fact that she's a full-time real estate agent, you shouldn't have any issues.I personally like using my calendar (i.e. having clear appointment related to real estate) combined with a simple Excel / Google Spreadsheet as the tracker.
7 October 2024 | 10 replies
If you'd like to get rid of these onerous rules to meet you can refinance out of your current FHA loan first yes.The other consideration is that if you move out of your primary to purchase a new FHA property you may also be subject to the 25% Equity requirement on the property you're vacating or leaving + the 100 mile rule that FHA has in place to stop rapid acquisitions.