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8 August 2024 | 3 replies
Here are our mortgages and a snapshot of each one1) Primary residence: 6.2%, $2,240/month (29 years left)2)First rental: 3.2%, $1,440/month ($500 CF, 10 years left)3) Second rental: 7.2%, $2,100/month ($300 CF, 30 years left)4) Save another 20% for another investment home.
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8 August 2024 | 2 replies
Hello all,Business is going well, and most of you know me as an investor focused Realtor in Omaha and in the next couple months I have the amazing opportunity to scale that business exponentially as the Acquisitions Director for an amazing Real Estate Company (more info to publish later) but I am actually seeking recommendations for a good real estate tax professional who serves the Omaha area.Basically I am already formed as S Corp but I am forming an LLC (potentially under my S Corp) with myself and the contractors I work hand in hand with to renovate properties with the intent of serving under one "legal" roof when we assist investors in finding and renovating properties for investors and want to make sure we set ourselves up as strong as possible.Any recommendations?
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6 August 2024 | 3 replies
Hi @Asif Ali Kabiruddin Rajani,What we hear a lot from other Americans is that real estate opportunities tend to cost less here in Europe (especially in countries such as Spain where we are active).A thing to keep in mind though is your tax planning as you will still need to pay taxes based on the US guidelines if I'm not mistaken.
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9 August 2024 | 6 replies
This started a few months ago.
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9 August 2024 | 4 replies
I get my increase sooner and lock them in for a fresh 12 month period.
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9 August 2024 | 9 replies
I've done it both on Air BnB and by going direct, with a 30 day min stay, averaging out to be about 3-6 months each guest.
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8 August 2024 | 1 reply
I would guess between $600-$1,000 annually would be a good estimate for a rental house based on what I have in my portfolio... so I would decrease the $187/month to about $80-$100 per month.
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6 August 2024 | 1 reply
Since this is an FHA Streamline, there is no appraisal, no income verification, no employment verification, no out-of-pocket costs, and nothing rolled into the new loan.
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8 August 2024 | 2 replies
. $7k x 15 months is $105,000.