Landon Jones
Build New or Buy Existing?
31 March 2021 | 5 replies
@Landon JonesYou are in a unique position either way you choose to pursue this.
Ashley Byington
Sweetwater Townhome Long Term Rental Unit
27 April 2021 | 1 reply
They only allow a borrower to have a maximum of 3 investor loans so we'll need to refi one of our 3 loans with them in order to continue making purchases with their unique loan products.
Archie Drake
New Homes as Rentals
1 April 2021 | 11 replies
I worked for 3 years in Boston as a rental agent and have seen way too many unique problems with older homes.
Kevin Boyd
Promoting your own website on Airbnb/VRBO.
31 March 2021 | 4 replies
So maybe if you setup a separate company to manage the property, and that company were to have an extremely unique name that when googled led right to your website, that could be a totally legal approach.Why don't you use the listing sites for what they are meant for, then try to market direct to those customers that have already stayed with you without incident for their repeat business?
Arthur Lyon
Investing in Multifamily in NH?
3 April 2021 | 24 replies
You have a unique plan which I wrote down and plan to do.
Sam Haack
Real Estate Professional Status vs Real Estate as a Business
3 May 2021 | 12 replies
I understand the difference between passive investor, active investor, and real estate professional in the eyes of the IRS, but does investing using an LLC give unique tax advantages too?
Jeremy Komer
Not Enough Money to do all 3, Have to pick 2 =( need help picking
2 April 2021 | 3 replies
$3,200 Costs Gross Income CAP RATE 10.73% 9% YES Mortgage, taxes, insurance and utilities $2,040.44 $38,400.00 CACROI 7.97% 10% NO maintenance and capex $ 640.00 20.0% break even point in months 75 60 NO vacancy $ 320.00 10% NOI $ 199.56 $500 NO down payment $ 12,525.00 5% Tax liability $ (6,714.40) $ - YES Fees $ 2,505.00 1.0% Annual Net Income $ 4,073.29 Cost of Capital Improvements $ 15,000.00 Monthly Profit $ 199.56 1793 TAX Money REVERSE VALUE 21516 Net Income $ 32,627.19 $362,524.30 172128 Depreciation Expense $ 9,109.09 Projected Taxable Income $ (6,714.40) Item Cost Tax rate 1.81% Roof $ 15,000.00 Estimate Mortgage Interest rate 3.25% Payment $1,035.68 Period in years 30 PMI $ 106.69 Taxes $ 377.84 Insurance $ 103.23 Total $2,040.44 Utilities $417 DEAL 2Deal 2 is a commercial property that in a well loved local neighborhood where renovations and flips are very hot.it requires some work to turn it into a duplex but its location is great and architecture very unique.
Lawrence Mak
Should I get a real estate license if I want to buy and rent out?
4 April 2021 | 7 replies
You may still want to use a buyers agent for your first purchase since you’re still learning but you can make that division thenI always suggest investors start by househacking a 3-4 family if it’s possible.
Jorge Vazquez
3 Ways of Dealing with a Condemned Property
3 April 2021 | 0 replies
Each deal is unique.
Kyle Marsh
How Low is "Too Low" for a Low Ball Offer?
5 April 2021 | 4 replies
"Too low" is a price that cannot be justified with the facts of the property (including comps, condition, market supply/demand, sellers unique needs, etc), and IMO, should be completely irrelevant to the asking price.If I list my $300k house for $1m tomorrow, because no one can stop me from doing so, would you ever consider offering anything close to that?