Josh Edelman
Las Vegas News + Market Recap for June
24 June 2024 | 7 replies
Real Estate Update Here's the latest market report (based on single family homes): Mortgage Rates:30-year conventional rate today is 7.15%30-year VA rate today is 6.65% Median Sales Price:March: $475,000April: $476,000May: $475,995 New Listings:March: 1,845April: 1,957May: 2,099 Median Days on Market Until Sale:March: 16April: 12May: 13 Months Supply of Inventory:March: 1.9April: 2.2May: 2.2 What does "Months Supply of Inventory" mean?
Kev Li
Filing for the STR Loophole
24 June 2024 | 5 replies
I've been using freetaxusa and turbotax and neither software has the option on t he Schedule to file it in a way that enacts the STR Loophole and allows the loss to be offset against my W2 income.
James De Stefano
Here's what 2 months of estimates and work looks like for Foundation Repair & floors
24 June 2024 | 2 replies
door frame adjustments and other issues$7800 for flooring 1,900 sq feet $4100 for install$1,000- 2000 for dry wall based on quotesTotal - Approx $27,000Considering a quote from Olshan for a "full -tilt" repair was $93,000 ( LOL ), we're happy with the work done.
David Pittman
Becoming a Mortgage lender
25 June 2024 | 4 replies
@David Pittman- contact some local lenders and forge a realtionship with them as preferred lenders ..this would allow you some controal and have some decent options for your buyers
Michael Higgins
Affordable Housing: Can you make $$ while making a difference
25 June 2024 | 6 replies
Unfortunately this is not a strategy that rallies the base for many politicians running for local office, so getting this impemented widespread is easier said than done.
Melissa Faraias
Creative Financing ideas needed
24 June 2024 | 2 replies
Any other options to get this deal closed?
Tony Payper
Looking to invest
24 June 2024 | 2 replies
@Tony Payper If you are open to Joint Ventures and also equity partners, you will have more options:)
Russell Taylor
Cashing out inherited ira to buy real-estate
24 June 2024 | 9 replies
However, you could convert an IRA you inherited into "self-directed inherited IRA" which would open up unlimited investment options, but you must still follow same distribution rules.
Seo Hui Han
Property Management in Large Multifamily (40-100 units)
25 June 2024 | 7 replies
That would be approximately $3750 per month based on 5% mngt fee.
Michael C.
Castle Rock- highest best use for House with View STR?
20 June 2024 | 7 replies
I've helped several CO based investors explore luxury STR's here on the OR Coast, there are still very strong COC & ROI opportunities.